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Indiana Statutes, Title 23

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Title 23, BUSINESS AND OTHER ASSOCIATIONS

222 chapters · 1,895 sections in this title.

All chapters in Title 231,895 Ch 1, General Provisions217 Ch 4, Registered Agent of Entity138 Ch 2, Filing130 Ch 6, Administrative Dissolution103 Ch 9, Fees88 Ch 3, Name of Entity83 Ch 5, Foreign Entities74 Ch 1.5, Definitions70 Ch 2.5, Commercial Mail Receiving Agency56 Ch 7, Issuance of Interrogatories and Inve…55 Ch 31, Voting Trusts and Agreements55 Ch 20, General Definitions47 Ch 33, Board of Directors Generally45 Ch 8, Miscellaneous Provisions37

10 sections·Filtered byTitle 23✕Ch 13✕

Ind. Code § 23-15-13-1 Applicability to cash transactions
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Sec. 1. This chapter applies only to a cash transaction. As added by P.L.128-2026, SEC.106.
Ind. Code § 23-15-13-2 "Business entity"
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Sec. 2. As used in this chapter, "business entity" means any: (1) bank; (2) hospital; (3) health care provider; (4) sole proprietorship; (5) corporation; (6) limited liability company; (7) association; (8) partnership; (9) joint stock company; (10) joint venture; (11) mutual fund…
Ind. Code § 23-15-13-3 "Total transaction amount"
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Sec. 3. For purposes of this chapter, "total transaction amount" means the amount of the transaction prior to any tax imposed in addition to any tax imposed on the transaction and paid to the business entity, regardless of whether the tax is required to be separately stated or wh…
Ind. Code § 23-15-13-4 Rounding
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Sec. 4. (a) For a total transaction amount payable to a business entity, except as provided in subsection (b), the business entity may round the total transaction amount for all transactions with a number other than zero (0) or five (5) in the second decimal place by either: (1) …

Ind. Code § 23-17-13-1 Duties; reliance on statements of and information given by others; conditions for liability; director not trustee

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Sec. 1. (a) A director shall, based on facts then known to the director, discharge duties as a director, including the director's duties as a member of a committee, as follows: (1) In good faith. (2) With the care an ordinarily prudent person in a like position would exercise und…

Ind. Code § 23-17-13-2.5 Contracts and transactions in which member, director, officer, or member of designated body has interest

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Sec. 2.5. (a) This section applies unless the articles of incorporation or bylaws of a corporation provide otherwise. (b) Subject to subsection (c), a contract or transaction between: (1) a corporation and one (1) or more of the corporation's members, directors, members of a desi…

Ind. Code § 23-17-13-3 Loans to and guarantees of obligations of directors or officers

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Sec. 3. (a) A corporation may not: (1) lend money to; or (2) guarantee the obligation of; a director or an officer of the corporation. (b) A loan or guaranty that is made in violation of this section does not affect the borrower's liability on the loan. As added by P.L.179-1991, …

Ind. Code § 23-17-13-4 Unlawful distributions; liability

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Sec. 4. (a) Subject to section 1(d) of this chapter, a director who votes for or assents to a distribution made in violation of this article or articles of incorporation is personally liable to the corporation for the amount of the distribution that exceeds the amount that could …

Ind. Code § 23-18-13-1 Application of state and federal constitutions; IC 1-1

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Sec. 1. All provisions of the Constitution of the United States, the Constitution of the State of Indiana, and IC 1-1 apply to this article. As added by P.L.8-1993, SEC.301.

Ind. Code § 23-18-13-2 References

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Sec. 2. All references to this article in the articles of organization, operating agreement, and other rules that govern the internal affairs of a limited liability company are considered references to IC 23-0.5 and IC 23-0.6 also. As added by P.L.118-2017, SEC.109.