§ 28-12-3-1 — Unauthorized purpose or power indicated by name

Indiana § 28-12-3-1

• Jurisdiction: Indiana
• Art. 12: FORMATION OF BANKS, TRUST COMPANIES,
• Ch. 3: Corporate Name

Text

A corporation may not use as a part of its
corporate name any word or phrase that indicates or implies any
purpose or power not possessed by a corporation that may be organized
under this chapter.

Legislative History

As added by P.L.14-1992, SEC.162.