Indiana § 27-7-3-4 Corporate rights; powers and privileges

Indiana Statutes

§ 27-7-3-4 — Corporate rights; powers and privileges

Indiana·Title 27 INSURANCE·Art. 7 SPECIAL TYPES OF INSURANCE·Ch. 3 Abstract and Title Insurance

Every such company shall possess and may
exercise all the rights, powers, and privileges conferred upon domestic
corporations by IC 23-1 but only to the extent that the same may be
necessary, convenient or expedient to accomplish the purposes for
which it is organized, and in addition thereto, but subject to the
restrictions and limitations contained in this chapter, every such
company shall possess and may exercise the power of making
insurance to insure against the loss or damage on account of
encumbrances upon or defects in the title to real estate. In all things not
specifically provided for in this chapter, the provisions of IC 23-1 shall
apply.
Formerly: Acts 1937, c.104, s.4. As amended by P.L.252-1985,
SEC.250.

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

Every such company shall possess and may
exercise all the rights, powers, and privileges conferred upon domestic
corporations by IC 23-1 but only to the extent that the same may be
necessary, convenient or expedient to accomplish the purposes for
which it is organized, and in addition thereto, but subject to the
restrictions and limitations contained in this chapter, every such
company shall possess and may exercise the power of making
insurance to insure against the loss or damage on account of
encumbrances upon or defects in the title to real estate. In all things not
specifically provided for in this chapter, the provisions of IC 23-1 shall
apply.
Formerly: Acts 1937, c.104, s.4. As amended by P.L.252-1985,
SEC.250.

Indiana § 27-7-3-4 (Corporate rights; powers and privileges) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.