Indiana Code 27-7-3-5. Capital stock
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Terms Used In Indiana Code 27-7-3-5
- company: shall mean and include any corporation, domestic or foreign, to which this chapter is applicable. See Indiana Code 27-7-3-2
Sec. 5. The capital stock of any company engaged in business under the provisions of this chapter shall be not less than one hundred thousand dollars ($100,000), which shall be fully paid in.
Formerly: Acts 1937, c.104, s.5. As amended by P.L.252-1985, SEC.251.