Conclusive Proof of Compliance With Conditions Precedent; Exception

  1. Law
  2. Indiana Code
  3. Financial Institutions
  4. Formation of Banks, Trust Companies, and Building and Loan Associations
  5. Effective Date of Incorporation
  6. Conclusive Proof of Compliance With Conditions Precedent; Exception

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Sec. 2. The filing of the articles of incorporation with the secretary of state 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.

As added by P.L.14-1992, SEC.162.


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