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§ 23-1-5-4-1 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 23 - Business and Other Associations/
  5. Article 1.5 - Professional Corporations/
  6. Chapter 4 - Change of Corporate Form23-1.5-4-1. Merger and Consolidation/
  7. § 23-1-5-4-1
Indiana Legal Code

§ 23-1-5-4-1

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(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.