§ 15-12-1-41 — Membership of association in other corporations or associations

Indiana § 15-12-1-41

• Jurisdiction: Indiana
• Art. 12: AGRICULTURAL ASSISTANCE
• Ch. 1: Agricultural Cooperatives

Text

An association may organize, form, operate,
own, control, have an interest in, own stock of, or be a member of any
corporation or corporations, or association or associations, with or
without capital stock, that are engaged in:
(1) any activity in connection with the producing, marketing,
selling, preserving, harvesting, drying, processing, manufacturing,
canning, packing, grading, storing, transportation, handling, or
use of any:
(A) agricultural products; or
(B) byproducts of any agricultural products;
handled by the association or the association's patrons;
(2) any activity in connection with the manufacturing, assembling,
selling, supplying, purchasing, hiring, transportation, or use of
supplies, machinery, or equipment that the association or the
association's patrons use; or
(3) the financing of any activities described in subdivision (1) or
(2) or in performing or furnishing economic or educational
service for persons engaged in agriculture.
[Pre-2008 Recodification Citation: 15-7-1-21.]

Legislative History

As added by P.L.2-2008, SEC.3.