Indiana Statutes
§ 23-1-22-1 — Purpose of corporation; law governing
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 1 INDIANA BUSINESS CORPORATION LAW·Ch. 22 Powers and Purposes
(a)Every corporation incorporated under this
article has the purpose of engaging in any lawful business unless a
more limited purpose is set forth in the articles of incorporation.
(b)A corporation engaging in a business that is subject to regulation
under another statute of this state may incorporate under this article
unless provisions for incorporation of corporations engaging in that
business exist under that statute.
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Related
Aronson v. Price
644 N.E.2d 864 (Indiana Supreme Court, 1994)
Legislative History
As added by P.L.149-1986, SEC.6.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"