Execution or attachment against directors or officers of
corporations
Sec. 6. (a) If judgment is rendered against a corporation or against
any persons claiming to be a corporation, the court may cause the
costs to be collected:
(1) by execution against the persons claiming to be a
corporation; or
(2) by attachment against the directors or other officers of the
corporation.
(b) In addition, the court shall:
(1) restrain the corporation;
(2) appoint a receiver of the corporation's property and effects;
(3) take an account; and
(4) make a distribution of property among the creditors.
(c) The prosecuting attorney shall immediately institute
proceedings for these purposes.
As added by P.L.1-1998, SEC.12.
Last modified: May 24, 2006