2013 Indiana Code TITLE 28. FINANCIAL INSTITUTIONS ARTICLE 12. FORMATION OF BANKS, TRUST COMPANIES, AND BUILDING AND LOAN ASSOCIATIONS CHAPTER 3. CORPORATE NAME
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IC 28-12-3
Chapter 3. Corporate Name
IC 28-12-3-1
Unauthorized purpose or power indicated by name
Sec. 1. A corporation may not use as a part of its corporate name
any word or phrase that indicates or implies any purpose or power
not possessed by a corporation that may be organized under this
chapter.
As added by P.L.14-1992, SEC.162.
IC 28-12-3-2
Same or confusingly similar name prohibited
Sec. 2. The corporate name of the proposed corporation may not
be the same as, or confusingly similar to, the name of any other
corporation then existing under the laws of Indiana or authorized to
transact business in Indiana.
As added by P.L.14-1992, SEC.162.
IC 28-12-3-3
Necessary terms
Sec. 3. (a) If the proposed corporation is organized to transact
business under IC 28-1-11, the corporate name must include the word
"bank", "trust", "banc", "banco", or "bancorp".
(b) If the proposed corporation is to be a corporate fiduciary, the
corporate name of the corporation must include the word "trust" or
"fiduciary".
As added by P.L.14-1992, SEC.162. Amended by P.L.262-1995,
SEC.81; P.L.79-1998, SEC.87; P.L.10-2006, SEC.76 and
P.L.57-2006, SEC.76.
IC 28-12-3-4
Change of name
Sec. 4. Any corporation may, with the prior approval of the
department, change its corporate name at any time by amending its
articles of incorporation under IC 28-13-14.
As added by P.L.14-1992, SEC.162.
IC 28-12-3-5
Existing or authorized corporations; inapplicability of chapter
Sec. 5. This chapter does not affect the right of any corporation
that is, as of July 1, 1992, either existing under Indiana law or
authorized to transact business in Indiana.
As added by P.L.14-1992, SEC.162.
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