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Ind. Code § 23-18-2-1

Organization; purpose; regulation

As added by P.L.8-1993, SEC.301

Sec. 1. (a) A limited liability company may:

(1) be organized under this article for any business, personal, or nonprofit purpose; and

(2) conduct business in any state for any lawful purpose;

unless a more limited purpose is set forth in its articles of organization.

(b) A limited liability company must comply with any statute that regulates the limited liability company's business.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.