Indiana Statutes

§ 23-2-2.5-23 — Registration or filing not considered finding upon merits

Indiana § 23-2-2.5-23
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 2SECURITIES AND FRANCHISES
Ch. 2.5Franchises

This text of Indiana § 23-2-2.5-23 (Registration or filing not considered finding upon merits) 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 § 23-2-2.5-23 (2026).

Text

(a)Neither:
(1)the fact that a registration renewal form has been filed or a registration notification form has been submitted to the commissioner under section 10.5 of this chapter; nor
(2)the fact that such registration has become effective; constitutes a finding by the commissioner that any document filed under this chapter is true, complete, or not misleading. Neither any such fact nor the fact that an exemption is available for a transaction means that the commissioner has passed in any way upon the merits or qualifications of, or recommended or given approval to, any person, franchise or transaction.
(b)A person may not make or cause to be made to any prospective purchaser or offeree any representation inconsistent with subsection
(a). Formerly: Acts 1975, P.L.262, SEC.1. As amen

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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"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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Bluebook (online)
Indiana § 23-2-2.5-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-2-2.5-23.