Indiana Statutes
§ 7.1-3-18.5-3.2 — Sale or transfer of majority ownership
Indiana § 7.1-3-18.5-3.2
This text of Indiana § 7.1-3-18.5-3.2 (Sale or transfer of majority ownership) 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 § 7.1-3-18.5-3.2 (2026).
Text
2. If the majority of the ownership of a business that is a certificate holder is sold or transferred:
(1)the new ownership of the business must apply for a new
certificate under section 2 of this chapter; and
(2)the certificate and the permit number held by the previous
ownership of the business are void ninety (90) days after the date
of the sale or transfer of the ownership of the business.
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Legislative History
As added by P.L.107-2024, SEC.3.
Nearby Sections
15
§ 7.1-1-1-1
General purposes§ 7.1-1-1-11.5
Repealed§ 7.1-1-2-0.1
Repealed§ 7.1-1-2-1
Construction§ 7.1-1-2-13
Repealed§ 7.1-1-2-2
Scope§ 7.1-1-2-3
Exceptions§ 7.1-1-2-4
Gender and number§ 7.1-1-2-5
Direct and indirect prohibition§ 7.1-1-2-6
Repealed§ 7.1-1-3-1
Generally§ 7.1-1-3-10
"Club"§ 7.1-1-3-11
"Commercially"§ 7.1-1-3-12
"Commission"§ 7.1-1-3-12.5
"Consumer advertising specialty"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 7.1-3-18.5-3.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/7.1-3-18.5-3.2.