The House Judiciary Committee heard SB 180 sponsored by Reps. Carbaugh and Steuerwald on uniform business organizations. The bill makes technical amendments to the Uniform Business Organizations Code and Uniform Business Organization Transactions Act as clean-up to the significant changes made last year. The amendments include information to be submitted in filings with the secretary of state, use of business names, registration of foreign entities, and administrative dissolution.
An amendment was adopted by consent establishing a 5-year period for business entities to reinstate following dissolution. The amended bill passed 13-0.
Read the bill at https://iga.in.gov/legislative/2018/bills/senate/180