Indiana Code 28-12-2-3. Omission of corporate powers
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Terms Used In Indiana Code 28-12-2-3
- 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.
Sec. 3. The articles of incorporation need not set forth any of the corporate powers of the corporation.
As added by P.L.14-1992, SEC.162.