A domestic entity may not engage in a business, activity, not for profit activity, or any other activity, whether or not for profit, that:
(A) is expressly unlawful or prohibited by a law of this state;
(B) cannot lawfully be engaged in by that entity under a law of this state; or
(C) may not be engaged in by an entity without first obtaining a license under the laws of this state to engage in that business, activity, not for profit activity, or any other activity, whether or not for profit, and a license cannot lawfully be granted to the entity.
Last modified: May 3, 2021