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Ind. Code § 7.1-3-21-5

Corporations; officer and stockholder qualifications

Applied in 1 court decision — leading case Indiana Wholesale Wine & Liquor Co. v. State Ex Rel. Indiana Alcoholic Beverage Commission (1998)

Most recently applied in Indiana Wholesale Wine & Liquor Co. v. State Ex Rel. Indiana Alcoholic Beverage Commission (May 1998)

Formerly: Acts 1973, P.L.55, SEC.1

Sec. 5. Each officer and stockholder of a corporation shall possess all other qualifications required of an individual applicant for that particular type of permit.

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