Financial statement by parent satisfactory for subsidiary in certain instances

Ind. Code § 13-20-2-3
in effect
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Sec. 3. If the applicant is a subsidiary corporation, the submission of the statement of financial position of the ultimate parent satisfies the requirement under section 1 of this chapter if the applicant has been a subsidiary of the parent for at least one (1) year before the submission of the statement of financial position. [Pre-1996 Recodification Citation: 13-7-22-2(e).] As added by P.L.1-1996, SEC.10.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/13Fetched: 10/17/2026

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