Indiana Code 24-4-1-6. Revocation of corporate permit
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Terms Used In Indiana Code 24-4-1-6
- 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. 6. If any corporation, foreign or domestic, authorized to do business in this state is found guilty of unfair discrimination within the terms of this chapter, it shall be the duty of the secretary of state to immediately revoke the permit of such corporation to do business in this state.
Formerly: Acts 1913, c.117, s.6. As amended by P.L.152-1986, SEC.47.