# Ind. Code § 23-19-4-7: Succession; organization change; name change; change of control

> Indiana · Statutes · Repealed

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-7

## Section

- **Citation:** Ind. Code § 23-19-4-7
- **Heading:** Succession; organization change; name change; change of control
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** Repealed
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 23 / Article 19 / Chapter 4 / Section 23-19-4-7

## Text

Sec. 7. (a) A broker-dealer or investment adviser may succeed to the current registration of another broker-dealer or investment adviser or a notice filing of a federal covered investment adviser, and a federal covered investment adviser may succeed to the current registration of an investment adviser or notice filing of another federal covered investment adviser, by filing as a successor an application for registration under section 1 or 3 of this chapter or a notice under section 5 of this chapter for the unexpired portion of the current registration or notice filing.

(b) A broker-dealer or investment adviser that changes its form of organization or state of incorporation or organization may continue its registration by filing an amendment to its registration if the change does not involve a material change in its financial condition or management. The amendment becomes effective when filed or on a date designated by the registrant in its filing. The new organization is a successor to the original registrant for the purposes of this article. If there is a material change in financial condition or management, the broker-dealer or investment adviser shall file a new application for registration. A predecessor registered under this article shall stop conducting its securities business other than winding down transactions and shall file for withdrawal of broker-dealer or investment adviser registration within forty-five (45) days after filing its amendment to effect succession.

(c) A broker-dealer or investment adviser that changes its name may continue its registration by filing an amendment to its registration. The amendment becomes effective when filed or on a date designated by the registrant.

(d) A change of control of a broker-dealer or investment adviser may be made in accordance with a rule adopted or order issued under this article.

As added by P.L.27-2007, SEC.23.

## Nearby sections

- [Ind. Code § 23-19-4-1 Broker-dealer registration; exemptions; restrictions on employment or association; foreign transactions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-1.md)
- [Ind. Code § 23-19-4-1.5 Exemption from registration for merger and acquisition brokers; exceptions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-1.5.md)
- [Ind. Code § 23-19-4-2 Agent registration; exemptions; restrictions on employment or association; restrictions if no affiliation](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-2.md)
- [Ind. Code § 23-19-4-3 Investment adviser registration; exemptions; restrictions on employment or association](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-3.md)
- [Ind. Code § 23-19-4-4 Investment adviser representative registration; exemptions; restrictions on conducting business; referrals](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-4.md)
- [Ind. Code § 23-19-4-5 Federal covered investment adviser requirements; exemptions; filing](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-5.md)
- [Ind. Code § 23-19-4-6 Application for initial registration; requirements; amendments; national criminal history background check for investment adviser representative; effective date; renewal; conditions and waivers](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-6.md)
- [Ind. Code § 23-19-4-7 Succession; organization change; name change; change of control](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-7.md)
- [Ind. Code § 23-19-4-8 Termination notice; transfer of employment or association; temporary registration; prevention or suspension of transfer; cancellation or termination of registration; reinstatement](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-8.md)
- [Ind. Code § 23-19-4-9 Withdrawal of registration](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-9.md)
- [Ind. Code § 23-19-4-10 Fees; transmittal of fee; exception](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-10.md)
- [Ind. Code § 23-19-4-11 Minimum financial requirements; financial reports; amendment; records; audits or inspections; insurance or posting bond; supervision; compliance reports](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-11.md)
- [Ind. Code § 23-19-4-11.5 Prohibit selection of broker-dealer for completion of compliance report in consecutive years; prohibit selection of certain offices](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-11.5.md)
- [Ind. Code § 23-19-4-12 Denial, condition, revocation, suspension, or limitation of registration; censure, bar, or civil penalty for violation; grounds; examination; procedure](https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-12.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T23_A19_C4_S23-19-4-7. Check the current official text before relying on it. Not legal advice.