Date of corporate existence; filing of articles as evidence of valid existence
Known as the Indiana Business Corporation Law
The act spans §§ 23-1-17-1 to 23-1-55-3 (253 sections).
Applied in 1 court decision — leading case DFS Secured Healthcare Receivables Trust v. Caregivers Great Lakes, Inc. (2004)
Most recently applied in DFS Secured Healthcare Receivables Trust v. Caregivers Great Lakes, Inc. (September 2004)
As added by P.L.149-1986, SEC.5.
Sec. 3. (a) Unless a delayed effective date is specified, the corporate existence begins when the articles of incorporation are filed.
(b) The secretary of state's filing of the articles of incorporation is conclusive proof that the incorporators satisfied all conditions precedent to incorporation except in a proceeding by the state to cancel or revoke the incorporation or involuntarily dissolve the corporation.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.