Indiana § 28-1-22-2 Authorized business; equality of rights and privileges with domestic
corporations

Indiana Statutes

§ 28-1-22-2 — Authorized business; equality of rights and privileges with domestic corporations

Indiana·Art. 1 DEPARTMENT OF FINANCIAL INSTITUTIONS·Ch. 22 Foreign Corporations

(a)No foreign corporation shall be admitted for the purpose of transacting any kind of business in this state, the transaction of which by domestic corporation is not permitted by the laws of this state.

(b)A foreign corporation admitted to do business in this state shall have the same rights, privileges, and restrictions as domestic corporations of like character or charter, and to the same extent as if it had been organized under this article, to transact the business for which its certificate of admission is issued. Formerly: Acts 1933, c.40, s.325. As amended by P.L.263-1985, SEC.85; P.L.171-1996, SEC.9.

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(a) No foreign corporation shall be admitted for
the purpose of transacting any kind of business in this state, the
transaction of which by domestic corporation is not permitted by the
laws of this state.
(b) A foreign corporation admitted to do business in this state shall
have the same rights, privileges, and restrictions as domestic
corporations of like character or charter, and to the same extent as if it
had been organized under this article, to transact the business for which
its certificate of admission is issued.
Formerly: Acts 1933, c.40, s.325. As amended by P.L.263-1985,
SEC.85; P.L.171-1996, SEC.9.

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