Indiana Statutes
§ 23-18-2-1 — Organization; purpose; regulation
Indiana § 23-18-2-1
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 18LIMITED LIABILITY COMPANIES
Ch. 2Organization and Powers
This text of Indiana § 23-18-2-1 (Organization; purpose; regulation) 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 § 23-18-2-1 (2026).
Text
(a)A limited liability company may:
(1)be organized under this article for any business, personal, or
nonprofit purpose; and
(2)conduct business in any state for any lawful purpose;
unless a more limited purpose is set forth in its articles of organization.
(b)A limited liability company must comply with any statute that
regulates the limited liability company's business.
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Legislative History
As added by P.L.8-1993, SEC.301. Amended by P.L.40-2013,
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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-18-2-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-18-2-1.