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15-12-1-12. Articles of Incorporation

Sec. 12. (a) The incorporators of an association to be formed under this chapter shall execute and file articles of incorporation setting forth the following: (1) The name of the proposed association. (2) The purpose or purposes for which it is formed. (3) The period during which it is to continue to exist, if the […]

15-12-1-13. Presentation of Articles of Incorporation

Sec. 13. (a) Upon presentation of articles of incorporation that comply with the requirements of this chapter, if the secretary of state finds that the articles of incorporation conform to law, the secretary of state shall do the following: (1) Endorse the secretary of state’s approval upon the duplicate copies of the articles. (2) When […]

15-12-1-15. Bylaws; Adoption and Amendment; Scope

Sec. 15. (a) Each association organized under or governed by this chapter shall, not more than thirty (30) days after the association’s incorporation or after the association’s acceptance of the requirements of this chapter, adopt a code of bylaws. (b) The power to adopt, make, alter, amend, or repeal the bylaws is vested in the […]

15-12-1-1. Purpose; Legislative Declaration

Sec. 1. (a) The following are the purposes of this chapter: (1) To promote, foster, and encourage the intelligent and orderly production and marketing of agricultural products through cooperation. (2) To eliminate speculation and waste. (3) To make the distribution of agricultural products between producer and consumer as direct as can be efficiently done. (4) […]

15-12-1-2. Application of Definitions in Ic 23-1

Sec. 2. The definitions in IC 23-1 apply to this chapter to the extent they do not conflict with the definitions in this chapter. [Pre-2008 Recodification Citation: 15-7-1-2(f).] As added by P.L.2-2008, SEC.3.

15-12-1-3. “Agricultural Products”

Sec. 3. As used in this chapter, “agricultural products” includes horticultural, viticultural, forestry, dairy, livestock, grain, poultry, bee, and any other farm product. [Pre-2008 Recodification Citation: 15-7-1-2(a).] As added by P.L.2-2008, SEC.3.

15-12-1-4. “Association”

Sec. 4. As used in this chapter, “association” means any corporation organized under or governed by this chapter. [Pre-2008 Recodification Citation: 15-7-1-2(c).] As added by P.L.2-2008, SEC.3.

15-12-1-5. “Member”

Sec. 5. As used in this chapter, “member” means the following: (1) With respect to a nonstock membership association, the term means those persons admitted in accordance with the bylaws of the association. (2) With respect to an association having capital stock, the term means the holders of voting stock of the association. [Pre-2008 Recodification […]

15-12-1-6. “Person”

Sec. 6. As used in this chapter, “person” includes the following: (1) Individuals. (2) Firms. (3) Partnerships. (4) Business trusts. (5) Limited liability companies. (6) Corporations. (7) Executors. (8) Administrators. (9) Receivers. (10) Bodies politic or political subdivisions. [Pre-2008 Recodification Citation: 15-7-1-2(d).] As added by P.L.2-2008, SEC.3.