Indiana Code 8-4-13-1. Authority for dissolution
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Terms Used In Indiana Code 8-4-13-1
- 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. 1. Any corporation organized before or after May 22, 1933, under Indiana statutes for the purpose of construction, owning, maintaining, and/or operating a railroad, other than a street railroad or an interurban railroad, may voluntarily dissolve under and pursuant to the provisions of this chapter.
Formerly: Acts 1933, c.107, s.1. As amended by P.L.62-1984, SEC.65.