Sec. 2. The filing of the articles of incorporation with the secretary of state is conclusive proof that the incorporators satisfied all conditions precedent to incorporation except in a proceeding by the state to cancel or revoke the incorporation or involuntarily dissolve the corporation.
As added by P.L.14-1992, SEC.162.
Structure Indiana Code
Title 28. Financial Institutions
Article 12. Formation of Banks, Trust Companies, and Building and Loan Associations
Chapter 6. Effective Date of Incorporation
28-12-6-1. Beginning of Corporate Existence; Delayed Effective Date
28-12-6-2. Conclusive Proof of Compliance With Conditions Precedent; Exception