Indiana Code 14-27-4-2. Effect of repeal on surviving corporation
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Sec. 2. A surviving corporation:
(2) is not affected by the repeal.
(1) may continue and possesses all the rights, powers, duties, and privileges of any law repealed by IC 19-3-2-106 (repealed April 1, 1980); and
Terms Used In Indiana Code 14-27-4-2
- 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.
[Pre-1995 Recodification Citation: 13-2-28-1 part.]
As added by P.L.1-1995, SEC.20.
