Sec. 3.5. (a) A domestic corporation admitted to do business as described in section 3 of this chapter is subject to the following:

(1) IC 27-1-6-21.

Terms Used In Indiana Code 27-7-3-3.5

  • 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.
(2) IC 27-1-7-11.

(3) IC 27-9.

     (b) A foreign corporation admitted to do business as described in section 3 of this chapter is subject to IC 27-1-17-9.

As added by P.L.11-2011, SEC.29.