Sec. 7. Every such corporation may adopt rules, by-laws and regulations relating to the arbitration and settlement of business controversies and misunderstanding between its members, and may appoint, annually, or oftener, committees to whom such disputes may be referred for settlement, and all arbitrations and settlements thus made, and the awards of such committees shall be final and binding upon the parties only who may have signed a written agreement to abide by such awards, and such corporation may expel any of its members for violations of its regulations, or for dishonorable transactions in business.
Formerly: Acts 1875, c.5, s.7.
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