Sec. 6. "Disqualified person" means an individual, corporation, limited liability company, partnership, fiduciary, trust, association, government agency, or other entity that for any reason is or becomes ineligible under this article to own shares issued by a professional corporation. The term includes a charitable remainder unitrust or charitable remainder annuity trust that is or becomes a disqualified person for failure to comply with section 13(3) of this chapter.
As added by P.L.239-1983, SEC.1. Amended by P.L.8-1993, SEC.307; P.L.172-1996, SEC.3.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1.5. Professional Corporations
23-1.5-1-1. Application of Definitions
23-1.5-1-2. "Accounting Professional"
23-1.5-1-3. "Architectural or Engineering Professional"
23-1.5-1-5.4. "Charitable Remainder Annuity Trust"
23-1.5-1-5.6. "Charitable Remainder Unitrust"
23-1.5-1-6. "Disqualified Person"
23-1.5-1-7. "Foreign Professional Corporation"
23-1.5-1-8. "Health Care Professional"
23-1.5-1-9. "Licensing Authority"
23-1.5-1-9-b. "Licensing Authority"
23-1.5-1-10. "Professional Corporation"
23-1.5-1-11. "Professional Service"
23-1.5-1-12. "Qualified Person"
23-1.5-1-13. "Qualified Trust"