Indiana Statutes

§ 23-17-4-1 — Authorized activities; corporations subject to regulation under other statutes

Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 17 NONPROFIT CORPORATIONS·Ch. 4 Purposes and Powers
(a)A corporation incorporated under this article has the purpose of engaging in any lawful activity unless a more limited purpose is set forth in the articles of incorporation.
(b)A corporation engaging in an activity that is subject to regulation under another Indiana statute may incorporate under this article unless provisions for incorporation of corporations engaging in that activity exist under the other statute.

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Indiana § 23-17-4-1 (Authorized activities; corporations subject to regulation under other statutes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.179-1991, SEC.1.

Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 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"
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"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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