Indiana Code 23-1.5-4-2. Cessation of professional services
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Sec. 2. (a) If a professional corporation ceases to render professional services, the corporation shall:
(2) conform to the requirements of IC 23-1 regarding its corporate name.
(1) amend its articles of incorporation to delete from its stated purposes the rendering of professional services; and
Terms Used In Indiana Code 23-1.5-4-2
- 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.
(b) The corporation may then continue in existence as a corporation under IC 23-1 and is no longer subject to this article.
As added by P.L.239-1983, SEC.1.