Sec. 5. Contemporaneously with the filing in the office of the secretary of state of the instruments required by section 4 of this chapter, domestic and foreign business trusts shall pay to the secretary of state an application fee of twenty dollars ($20).

Formerly: Acts 1963, c.353, s.5. As amended by P.L.34-1987, SEC.326; P.L.34-1997, SEC.14.