Indiana § 28-12-4-1 - Accompanying terms

Full text of Indiana Indiana Code § 28-12-4-1 — Accompanying terms, with citation guidance and answers to common questions.

§ 28-12-4-1. Accompanying terms

Sec. 1. The articles of incorporation submitted to the department for approval must be accompanied by the following:

(1) An application in the form prescribed by the department and containing such information as the department may require.

(2) The deposit of money in an amount determined by the department to be sufficient to defray the expenses of the department in performing its duties under this chapter.

(3) Evidence satisfactory to the department that the corporation has or will have capital in at least the amount of the capital stated in the articles of incorporation.

(4) Evidence satisfactory to the department that the corporation is applying for deposit insurance from the Federal Deposit Insurance Corporation or its successor in interest, unless the corporation is being organized solely as a corporate fiduciary.

(5) Evidence satisfactory to the department that the corporation has or will have adequate insurance coverage on the date the corporation begins operation.

As added by P.L.14-1992, SEC.162. Amended by P.L.262-1995, SEC.82.

IC 28-12-5Chapter 5. Approval of Application by Department

28-12-5-1Written or stamped approval; official seal and signature 28-12-5-2Delivery of copies for filing; fees 28-12-5-3Return of copies bearing endorsement of secretary of state

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 28-12-4-1

What does Indiana Code § 28-12-4-1 cover?

Section 28-12-4-1 ("Accompanying terms") 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 § 28-12-4-1?

A common citation format is "Indiana Code § 28-12-4-1" (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 § 28-12-4-1 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.