Indiana Code > Title 28 > Article 12 > Chapter 6 – Effective Date of Incorporation
Current as of: 2024 | Check for updates
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Other versions
| § 28-12-6-1 | Beginning of corporate existence; delayed effective date |
| § 28-12-6-2 | Conclusive proof of compliance with conditions precedent; exception |
Terms Used In Indiana Code > Title 28 > Article 12 > Chapter 6 - Effective Date of Incorporation
- 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.
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.