Sec. 10. Any and all associations or corporations organized under or having existence by virtue of this chapter shall remain subject to the control of the general assembly of the state of Indiana, and may be, by law, required and compelled to make a report of all its proceedings to any general assembly of this state, and any general assembly of this state may, by law, repeal this chapter, and require and compel the dissolution and settling up of all corporations or associations organized under this chapter within any period not less than three (3) years after the passage of such repealing law. A report under this section to the general assembly must be in an electronic format under IC 5-14-6.
Formerly: Acts 1875, c.5, s.10. As amended by P.L.34-1987, SEC.334; P.L.28-2004, SEC.161.
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