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§ 28-12-8-3 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 12 - Formation of Banks, Trust Companies, and Building and Loan Associations/
  6. Chapter 8 - Business of Corporation28-12-8-1. Conditions for Indebtedness or Transactions/
  7. § 28-12-8-3
Indiana Legal Code

§ 28-12-8-3

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If a corporation organized under this title does not complete its organization and proceeds with the transaction of business within six (6) months after its articles of incorporation have been approved and filed, the approval is revoked and the articles of incorporation are void, unless an extension is granted by the director of the department.As added by P.L.11-1998, SEC.21.