Indiana Code 30-2-5-6. Nonliability of corporation or transfer agent
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Terms Used In Indiana Code 30-2-5-6
- 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. 6. A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this chapter.
Formerly: Acts 1961, c.124, s.6. As amended by Acts 1982, P.L.171, SEC.99.