Sec. 7. The acceptance becomes effective upon issuance of a certificate of acceptance by the secretary of state. The corporation is entitled to all rights and privileges and is subject to all penalties, liabilities, and restrictions provided by this article granted to or imposed upon corporations organized under this article. The articles of incorporation shall be considered to be amended to the extent, if any, that any provision or provisions of the articles are restated in the articles of acceptance.
As added by P.L.239-1983, SEC.1.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1.5. Professional Corporations
Chapter 4. Change of Corporate Form
23-1.5-4-1. Merger and Consolidation
23-1.5-4-2. Cessation of Professional Services
23-1.5-4-3. Involuntary Dissolution
23-1.5-4-4. Right of Corporation to Accept This Article
23-1.5-4-6. Articles of Acceptance; Approval by Secretary of State