Sec. 3. A business trust is hereby declared to be a permitted form of association for the conduct of business in this state, provided the provisions of this chapter are complied with, except that nothing contained in this chapter shall be construed to limit, prohibit, or invalidate the existence, acts, or obligations to the state or to any person, of any business trust created or doing business in this state prior to August 12, 1963.
Ind. Code § 23-5-1-3
Business trust created prior to chapter
Known as the Indiana Business Trust Act
The act spans §§ 23-5-1-1 to 23-5-1-9.1 (13 sections).
Formerly: Acts 1963, c.353, s.3
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.