Indiana Code 23-17-3-3. Articles of incorporation; optional provisions
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Sec. 3. Articles of incorporation may contain the following:
(2) The names and addresses of the individuals who are to serve as the initial directors.
(1) The purpose or purposes for which the corporation is organized, which may be either alone or in combination with other purposes.
Terms Used In Indiana Code 23-17-3-3
- 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.
(3) Provisions not inconsistent with any law regarding the following:
(A) Management and regulation of the affairs of the corporation.
(B) Defining, limiting, and regulating the powers of the corporation, the corporation’s board of directors, and members (or any class of members).
(C) The characteristics, qualifications, rights, limitations, and obligations attaching to a class of members.
(4) Any other provision that is required or allowed to be set forth in the bylaws.
As added by P.L.179-1991, SEC.1.