Sec. 1. Any number of persons not less than ten (10) may voluntarily associate themselves by written articles, to be signed and acknowledged by them before some disinterested person authorized by law to take acknowledgment of deeds, specifying in the written articles the objects of the organization, the corporate name they may adopt, the amount of capital stock and numbers of shares into which the same shall be divided, the names and number of the officers to be elected to manage the business and prudential concerns of such association, the manner of their election, the name and place of residence of each member or stockholder, and, (if a stock capital is subscribed), the amount and number of shares subscribed by each.
Formerly: Acts 1875, c.5, s.1. As amended by P.L.136-2018, SEC.131.
Structure Indiana Code
Title 23. Business and Other Associations
Article 5. Other Business Associations
Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce
23-5-2-1. Formation of Association
23-5-2-2. Purpose of Association
23-5-2-3. Filing and Recording Articles of Incorporation; Amendment
23-5-2-4. Rights, Powers, and Privileges of Associations
23-5-2-5. Shares of Corporation
23-5-2-6. Officers, Directors, and Agents; Books and Records
23-5-2-7. Settlement of Disputes
23-5-2-8. Violations; Penalties