Indiana Code 8-1-17.5-5. “Successor corporation”
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Terms Used In Indiana Code 8-1-17.5-5
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Sec. 5. As used in this chapter, “successor corporation” means a corporation that is formed from a consolidation of two (2) or more corporations under this chapter.
As added by P.L.18-2010, SEC.1.