Indiana Code 23-17-8-1. Resignation; liability for obligations
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Sec. 1. (a) A member may resign at any time.
(b) The resignation of a member does not relieve the member from any obligations the member may have to the corporation as a result of obligations incurred or commitments made before a resignation.
As added by P.L.179-1991, SEC.1.
Terms Used In Indiana Code 23-17-8-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.