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2021 Indiana Code
Title 23. Business and Other Associations
Article 18. Limited Liability Companies
Chapter 2. Organization and Powers
23-18-2-1. Organization; Purpose; Regulation
Universal Citation:
IN Code § 23-18-2-1 (2021)
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Sec. 1. (a) A limited liability company may:
(1) be organized under this article for any business, personal, or nonprofit purpose; and
(2) conduct business in any state for any lawful purpose;
unless a more limited purpose is set forth in its articles of organization.
(b) A limited liability company must comply with any statute that regulates the limited liability company's business.
As added by P.L.8-1993, SEC.301. Amended by P.L.40-2013, SEC.6.
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