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2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 1.5. PROFESSIONAL CORPORATIONS
CHAPTER 4. Change of Corporate Form
23-1.5-4-1. Merger and consolidation
Universal Citation: IN Code § 23-1.5-4-1 (2018)
IC 23-1.5-4-1 Merger and consolidation
Sec. 1. (a) A professional corporation may merge or consolidate with another corporation, domestic or foreign, only if every shareholder of each corporation is qualified to be a shareholder of the surviving or new corporation.
(b) Upon the merger or consolidation of a professional corporation, if the surviving or new corporation is to render professional services in Indiana, it shall comply with this article.
As added by P.L.239-1983, SEC.1.
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