Indiana § 16-21-15-1.5 - "Merger"; "merger agreement"
Full text of Indiana Indiana Code § 16-21-15-1.5 — "Merger"; "merger agreement", with citation guidance and answers to common questions.
§ 16-21-15-1.5. "Merger"; "merger agreement"
Sec. 1.5. (a) As used in this chapter, "merger" means any change of ownership, including:
(1) an acquisition or transfer of assets; or
(2) the purchase of stock effectuated by a merger agreement.
(b) As used in this chapter, "merger agreement" means an agreement between two (2) or more hospitals for the consolidation by merger or other acquisition or transfer of assets by which ownership or control over substantially all of the stock, assets, or activities of one (1) or more previously licensed and operating hospitals is placed under the control of another licensed hospital or other entity that controls hospitals.
As added by P.L.62-2022, SEC.3.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 16-21-15-1.5
What does Indiana Code § 16-21-15-1.5 cover?
Section 16-21-15-1.5 (""Merger"; "merger agreement"") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 16-21-15-1.5?
A common citation format is "Indiana Code § 16-21-15-1.5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 16-21-15-1.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.