Indiana Statutes
§ 23-13-5-4 — Perpetual existence; merger
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 13 EDUCATIONAL INSTITUTIONS·Ch. 5 Management of Educational Institutions Established
Any postsecondary educational institution
which may be organized before, on, or after March 3, 1909, under or
which may otherwise become subject to the provisions of this chapter
shall be deemed to have a perpetual existence by operation of law. Any
two (2) or more postsecondary educational institutions incorporated
under the provisions of this chapter may be merged into one (1)
corporation by the action of the boards of trustees of the respective
corporations.
Formerly: Acts 1909, c.52, s.3a; Acts 1953, c.17, s.1. As
amended by P.L.34-1987, SEC.345; P.L.2-2007, SEC.315.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 23-13-5-4 (Perpetual existence; merger) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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"