Ind. Code § 23-0.6-2-1
This is the official text of Ind. Code § 23-0.6-2-1, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Right to merge
Official statutory text
Sec. 1. (a) Except as otherwise provided in this section, by complying with this chapter:
(1) one (1) or more domestic entities may merge with one (1) or more domestic or foreign entities into a domestic or foreign surviving entity; and
(2) two (2) or more foreign entities may merge into a domestic entity.
(b) Except as otherwise provided in this section, by complying with the provisions of this chapter applicable to foreign entities, a foreign entity may be a party to a merger under this chapter or may be the surviving entity in such a merger if the merger is authorized by the law of the foreign entity's jurisdiction of formation.
(c) A merger between or among domestic or foreign business corporations is governed by IC 23-1-40 and not this chapter.
(d) A merger involving domestic or foreign nonprofit corporations is governed by IC 23-17-19 and not this chapter.
As added by P.L.118-2017, SEC.6. Amended by P.L.52-2018, SEC.34.
(1) one (1) or more domestic entities may merge with one (1) or more domestic or foreign entities into a domestic or foreign surviving entity; and
(2) two (2) or more foreign entities may merge into a domestic entity.
(b) Except as otherwise provided in this section, by complying with the provisions of this chapter applicable to foreign entities, a foreign entity may be a party to a merger under this chapter or may be the surviving entity in such a merger if the merger is authorized by the law of the foreign entity's jurisdiction of formation.
(c) A merger between or among domestic or foreign business corporations is governed by IC 23-1-40 and not this chapter.
(d) A merger involving domestic or foreign nonprofit corporations is governed by IC 23-17-19 and not this chapter.
As added by P.L.118-2017, SEC.6. Amended by P.L.52-2018, SEC.34.
Status: in_force · Read it on the official government site
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