2022 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 (2022)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

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.

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.