Indiana Code
Article 12. Agricultural Assistance Organizations and Programs
Chapter 1. Agricultural Cooperatives

15-12-1-1. Purpose; Legislative Declaration - Sec. 1. (a) The following are the purposes of this...

15-12-1-2. Application of Definitions in Ic 23-1 - Sec. 2. The definitions in IC 23-1 apply to this...

15-12-1-3. "Agricultural Products" - Sec. 3. As used in this chapter, "agricultural products" includes...

15-12-1-4. "Association" - Sec. 4. As used in this chapter, "association" means any...

15-12-1-5. "Member" - Sec. 5. As used in this chapter, "member" means the...

15-12-1-6. "Person" - Sec. 6. As used in this chapter, "person" includes the...

15-12-1-7. Associations Governed as Nonprofit Corporations - Sec. 7. An association organized under or governed by this...

15-12-1-8. Eligibility to Form an Association - Sec. 8. The following may form an association under this...

15-12-1-9. Authorized Activities - Sec. 9. An association may be organized to engage in...

15-12-1-10. Association; Powers - Sec. 10. Each association incorporated under this chapter has the...

15-12-1-11. Association; Membership; Issuance of Stock - Sec. 11. (a) An association may under the terms and...

15-12-1-12. Articles of Incorporation - Sec. 12. (a) The incorporators of an association to be...

15-12-1-13. Presentation of Articles of Incorporation - Sec. 13. (a) Upon presentation of articles of incorporation that...

15-12-1-14. Association; Merging, Consolidating, or Dissolving Association; Amending Articles of Incorporation - Sec. 14. (a) Subject to subsections (b) and (c), an...

15-12-1-15. Bylaws; Adoption and Amendment; Scope - Sec. 15. (a) Each association organized under or governed by...

15-12-1-16. Association; Meetings; Special Meetings - Sec. 16. (a) Each association shall provide in the association's...

15-12-1-17. Board of Directors; Management of Association - Sec. 17. (a) The business and affairs of an association...

15-12-1-18. Board of Directors; Election; Terms - Sec. 18. Except as otherwise provided in this chapter, the...

15-12-1-19. Board of Directors; Districts; Primary Elections - Sec. 19. The territory served by an association may be...

15-12-1-20. Board of Directors; Appointment - Sec. 20. One (1) or more directors may be appointed...

15-12-1-21. Board of Directors; Payment; Restrictions - Sec. 21. (a) An association may provide a fair remuneration...

15-12-1-22. Executive Committee; Powers - Sec. 22. If the association's bylaws provide for an executive...

15-12-1-23. Board of Directors; Vacancies - Sec. 23. When a vacancy on the board of directors...

15-12-1-24. Board of Directors; Eligibility - Sec. 24. (a) Each director must during the director's term...

15-12-1-25. Board of Directors; Financial Report; Records - Sec. 25. (a) The board of directors shall require a...

15-12-1-26. Extension of Credit - Sec. 26. (a) An association may provide in the association's...

15-12-1-27. Election of Officers - Sec. 27. (a) The officers of an association must consist...

15-12-1-28. Membership Certificates - Sec. 28. (a) A certificate of membership or a share...

15-12-1-29. Voting Stock; Votes; Transfer - Sec. 29. (a) An association may provide in the association's...

15-12-1-30. Distribution of Dividends - Sec. 30. (a) The net earnings or savings of an...

15-12-1-31. Redemption of Stock - Sec. 31. (a) An association organized with capital stock may,...

15-12-1-32. Issuance of Various Classes of Stock - Sec. 32. (a) If the board of directors of an...

15-12-1-33. Officers and Director; Charges; Removal - Sec. 33. (a) A member of an association may bring...

15-12-1-34. Marketing Contracts - Sec. 34. (a) An association and its members may make...

15-12-1-35. Remedies for Breach of Contract - Sec. 35. (a) The bylaws or a marketing contract of...

15-12-1-36. Purchase of Property or Stock in Another Entity - Sec. 36. If an association that is organized under or...

15-12-1-37. Biennial Report; Contents; Form; Delivery - Sec. 37. (a) During April of every other year, each...

15-12-1-38. Disclosure of Financial Condition; Offense - Sec. 38. (a) If, upon receipt of a biennial report...

15-12-1-39. Application of Other Laws - Sec. 39. A law in conflict with this chapter may...

15-12-1-40. Limitation on the Use of the Term "Cooperative" - Sec. 40. A person, or a firm, a limited liability...

15-12-1-41. Membership of Association in Other Corporations or Associations - Sec. 41. An association may organize, form, operate, own, control,...

15-12-1-42. Joint Activities With Other Associations - Sec. 42. (a) An association may, upon resolution adopted by...

15-12-1-43. Vote by Existing Cooperatives for Governance Under Chapter - Sec. 43. (a) A corporation or an association organized under...

15-12-1-44. Breach of Marketing Contract; Penalty; Injunction - Sec. 44. A person or corporation whose officers or employees...

15-12-1-45. Warehouse or Elevator Operator; Breach of Marketing Contract; Penalty; Injunction - Sec. 45. (a) A person, firm, limited liability company, or...

15-12-1-46. Exemption From Conspiracy and Monopoly Laws; Legality of Marketing Contracts - Sec. 46. (a) An association that is organized under this...

15-12-1-47. Application of Corporation Laws; Exceptions - Sec. 47. IC 23-1 and all powers and rights under...

15-12-1-48. Secretary of State; Fees - Sec. 48. (a) The secretary of state shall charge and...

15-12-1-49. Foreign Cooperative Associations; Application for Admission - Sec. 49. (a) Any nonprofit cooperative association organized under the...

15-12-1-50. Foreign Cooperative Associations; Certificate of Admission - Sec. 50. (a) If the secretary of state finds that...

15-12-1-51. Admitted Foreign Cooperative Associations; Rights and Restrictions - Sec. 51. Any nonprofit cooperative association organized under the agricultural...

15-12-1-52. Governance of Certificates of Stock and Membership - Sec. 52. Certificates of stock or of membership issued, transferred,...