Indiana Code 25-15-7-4. Shares of funeral home corporations; transfers
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Terms Used In Indiana Code 25-15-7-4
- 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. 4. The board may not prohibit a shareholder or a corporation that is a funeral home licensee from transferring or assigning any part of the shareholder’s ownership of the corporation to another person.
As added by P.L.246-1985, SEC.6.