Indiana Code 7.1-3-21-5. Corporations; officer and stockholder qualifications
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Terms Used In Indiana Code 7.1-3-21-5
- 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. Each officer and stockholder of a corporation shall possess all other qualifications required of an individual applicant for that particular type of permit.
[Pre-1973 Recodification Citation: 7-2-1-13.]
Formerly: Acts 1973, P.L.55, SEC.1. As amended by P.L.72-1996, SEC.12; P.L.72-2004, SEC.13; P.L.165-2006, SEC.30; P.L.107-2015, SEC.3; P.L.133-2016, SEC.5; P.L.214-2016, SEC.24; P.L.194-2021, SEC.50.