Indiana § 24-1-4-2 Violation of chapter; domestic corporations; forfeiture of charter and
franchise; foreign corporations; prohibition; duty of attorney general

Indiana Statutes

§ 24-1-4-2 — Violation of chapter; domestic corporations; forfeiture of charter and franchise; foreign corporations; prohibition; duty of attorney general

Indiana·Art. 1 COMBINATIONS IN RESTRAINT OF TRADE·Ch. 4 Combinations Compelling Manufacturers to Close Down

(a)Any corporation chartered under the laws of this state which shall violate any of the provisions of this chapter shall thereby forfeit its charter and its franchise, and its corporate existence shall thereupon cease and terminate. Every foreign corporation which shall violate any of the provisions of this chapter is hereby denied the right to do and is prohibited from doing business in this state.

(b)It is hereby made the duty of the attorney general of the state to enforce the provisions of this chapter by due process of law. Formerly: Acts 1901, c.107, s.2. As amended by P.L.152-1986, SEC.19.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Any corporation chartered under the laws of
this state which shall violate any of the provisions of this chapter shall
thereby forfeit its charter and its franchise, and its corporate existence
shall thereupon cease and terminate. Every foreign corporation which
shall violate any of the provisions of this chapter is hereby denied the
right to do and is prohibited from doing business in this state.
(b) It is hereby made the duty of the attorney general of the state to
enforce the provisions of this chapter by due process of law.
Formerly: Acts 1901, c.107, s.2. As amended by P.L.152-1986,
SEC.19.

Indiana § 24-1-4-2 (Violation of chapter; domestic corporations; forfeiture of charter and franchise; foreign corporations; prohibition; duty of attorney general) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.