Indiana Code
Chapter 1. Exchange of Securities
27-3-1-7. Continuation of Domestic Corporation and Acquiring Corporation as Separate Entities

Sec. 7. The domestic company and the acquiring corporation shall in all respects stand before the law as separate and distinct corporations, with neither of such corporations having any liability to the creditors, policyholders, if any, or shareholders of the other, any acts or omissions of the officers, directors, or shareholders of either or both of such corporations notwithstanding.
Formerly: Acts 1967, c.61, s.8.

Structure Indiana Code