Indiana § 23-0.6-1-2 Application of law; limitations; relation to other laws

Indiana Statutes

§ 23-0.6-1-2 — Application of law; limitations; relation to other laws

Indiana § 23-0.6-1-2

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 0.6UNIFORM BUSINESS ORGANIZATION

Ch. 1General Provisions

This text of Indiana § 23-0.6-1-2 (Application of law; limitations; relation to other laws) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-0.6-1-2 (2026).

Text

(a)Unless displaced by particular provisions of this article, the principles of law and equity supplement this article.

(b)This article does not authorize an act prohibited by, and does not affect the application or requirements of, law other than this article.

(c)A transaction effected under this article may not create or impair any right or obligation on the part of a person under a provision of the law of Indiana other than this article relating to a change in control, takeover, business combination, control share acquisition, or similar transaction involving a domestic merging, acquired, converting, or domesticating corporation unless:

(1)if the corporation does not survive the transaction, the transaction satisfies any requirements of the provision; or

(2)if the corporation survi

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(a) Unless displaced by particular provisions
of this article, the principles of law and equity supplement this article.
(b) This article does not authorize an act prohibited by, and does not
affect the application or requirements of, law other than this article.
(c) A transaction effected under this article may not create or impair
any right or obligation on the part of a person under a provision of the
law of Indiana other than this article relating to a change in control,
takeover, business combination, control share acquisition, or similar
transaction involving a domestic merging, acquired, converting, or
domesticating corporation unless:
(1) if the corporation does not survive the transaction, the
transaction satisfies any requirements of the provision; or
(2) if the corporation survives the transaction, the approval of the
plan is by a vote of the shareholders or directors which would be
sufficient to create or impair the right or obligation directly under
the provision.