15-12-1-47. Application of Corporation Laws; Exceptions
Sec. 47. IC 23-1 and all powers and rights under IC 23-1 apply to associations organized under or governed by this chapter, except where IC 23-1 conflicts with or is inconsistent with this chapter. [Pre-2008 Recodification Citation: 15-7-1-28.] As added by P.L.2-2008, SEC.3.
15-12-1-48. Secretary of State; Fees
Sec. 48. (a) The secretary of state shall charge and collect for the benefit of the state the following fees: (1) For filing with the secretary of state the articles of incorporation of an association organized or a corporation reorganized under this chapter, five dollars ($5). (2) For filing with the secretary of state any […]
15-12-1-49. Foreign Cooperative Associations; Application for Admission
Sec. 49. (a) Any nonprofit cooperative association organized under the agricultural cooperative law of any state of the United States other than Indiana and not admitted to do business in Indiana before March 12, 1935, must submit the following to the secretary of state at the secretary of state’s office before transacting any business in […]
15-12-1-50. Foreign Cooperative Associations; Certificate of Admission
Sec. 50. (a) If the secretary of state finds that an application for admission submitted under section 49 of this chapter conforms to law and that all patrons of the association who reside in Indiana will be entitled to receive substantially the same rights, benefits, and privileges from the association as though the association were […]
15-12-1-51. Admitted Foreign Cooperative Associations; Rights and Restrictions
Sec. 51. Any nonprofit cooperative association organized under the agricultural cooperative law of another state and admitted to do business in Indiana: (1) may transact business as set forth in the certificate of admission issued to the association by the secretary of state; (2) has the same rights, privileges, powers, and remedies at law or […]
15-12-1-36. Purchase of Property or Stock in Another Entity
Sec. 36. If an association that is organized under or governed by this chapter with capital stock purchases: (1) the stock; (2) any property; or (3) any interest in any property; of any person, firm, corporation, or association, the association may discharge the obligations incurred in the purchase, wholly or in part, by exchanging for […]
15-12-1-52. Governance of Certificates of Stock and Membership
Sec. 52. Certificates of stock or of membership issued, transferred, redeemed, or canceled by an association are governed by this chapter and the articles of incorporation and bylaws of the association. [Pre-2008 Recodification Citation: 15-7-1-33.] As added by P.L.2-2008, SEC.3.
15-12-1-37. Biennial Report; Contents; Form; Delivery
Sec. 37. (a) During April of every other year, each association organized or reorganized under this chapter shall prepare and file a biennial report setting forth the following information: (1) The name of the association and the state or country under whose law the association is incorporated. (2) The address of the association’s registered office […]
15-12-1-38. Disclosure of Financial Condition; Offense
Sec. 38. (a) If, upon receipt of a biennial report delivered under section 37 of this chapter, the secretary of state determines or has reason to believe that the association filing the report is not disclosing the association’s true financial condition or is violating this chapter, the secretary of state may require the association to […]
15-12-1-39. Application of Other Laws
Sec. 39. A law in conflict with this chapter may not be construed to apply to an association provided for in this chapter. [Pre-2008 Recodification Citation: 15-7-1-19(a).] As added by P.L.2-2008, SEC.3.