Indiana § 27-7-3-12 - Foreign corporations; capital and deposit requirements; certificate of authority; rights and privileges
Full text of Indiana Indiana Code § 27-7-3-12 — Foreign corporations; capital and deposit requirements; certificate of authority; rights and privileges, with citation guidance and answers to common questions.
§ 27-7-3-12. Foreign corporations; capital and deposit requirements; certificate of authority; rights and privileges
Sec. 12. Every foreign corporation duly authorized to do a title insurance business in the state in which it is incorporated or organized and admitted to do business in this state under IC 23-1 may be authorized by the department to transact a title insurance business in this state upon filing with the department proof which satisfies it that the corporation has complied with sections 5 and 9 of this chapter and has deposited with the proper official of the state in which it is incorporated or organized, or has deposited with the department, the amount as required by section 7 of this chapter, and that it has complied with the provisions of this chapter. Upon the receipt of such proof, the commissioner may issue to such foreign corporation a certificate of authority as provided for in section 6 of this chapter. A foreign corporation admitted to do business under this chapter shall have the same but no greater rights and privileges than a domestic corporation under this chapter.
Formerly: Acts 1937, c.104, s.12. As amended by P.L.252-1985, SEC.257.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 27-7-3-12
What does Indiana Code § 27-7-3-12 cover?
Section 27-7-3-12 ("Foreign corporations; capital and deposit requirements; certificate of authority; rights and privileges") 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 § 27-7-3-12?
A common citation format is "Indiana Code § 27-7-3-12" (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 § 27-7-3-12 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.