Indiana Code 14-27-4-3. Effect on rights and obligations of surviving corporation
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Terms Used In Indiana Code 14-27-4-3
- 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. 3. A surviving corporation has all the specific rights, powers, privileges, and obligations conferred on levee associations organized under Acts 1913, c.165, as amended.
[Pre-1995 Recodification Citation: 13-2-28-2.]
As added by P.L.1-1995, SEC.20.