Indiana § 23-13-5-10 - Presumption of assignment
Full text of Indiana Indiana Code § 23-13-5-10 — Presumption of assignment, with citation guidance and answers to common questions.
§ 23-13-5-10. Presumption of assignment
Sec. 10. After one (1) year from the date of any such stockholders' meeting, all stockholders shall be conclusively presumed to have assented to the action thereof and to have assigned their stock to said directors or trustees accordingly, unless, within such year, they shall have filed their respective petitions as provided for the valuation and sale of their stock. After one (1) year from the entry of any decree of court hereinbefore provided for, no appeal shall lie therefrom.
Formerly: Acts 1909, c.52, s.9.
IC 23-13-6Chapter 6. Management of Educational Institutions by Church or Ecclesiastical Bodies
23-13-6-1Election and power of governing body 23-13-6-2Articles of association; contents 23-13-6-3Existing corporations; procedure for accepting provisions of chapter; exception
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 23-13-5-10
What does Indiana Code § 23-13-5-10 cover?
Section 23-13-5-10 ("Presumption of assignment") 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 § 23-13-5-10?
A common citation format is "Indiana Code § 23-13-5-10" (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 § 23-13-5-10 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.