Stockholders; personal liability for labor

Ind. Code § 8-4-1-35
in effect
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Sec. 35. The stockholders shall be individually liable to laborers, their executors, administrators and assigns for all labor done in the construction of said road and shall remain unpaid after the assets of the corporation shall have been exhausted. Formerly: Acts 1852, 1RS, c.83, s.38; Acts 1865(ss), c.25, s.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026

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