Indiana Statutes

§ 15-14-1-7 — Restrictions on property ownership

Indiana § 15-14-1-7
JurisdictionIndiana
Art. 14AGRICULTURAL FAIRS, ASSOCIATIONS, AND
Ch. 1Organization of Interstate Fairs

This text of Indiana § 15-14-1-7 (Restrictions on property ownership) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 15-14-1-7 (2026).

Text

(a)The amount of real estate that a corporation incorporated under this chapter may purchase or own may not exceed:
(1)one hundred sixty (160) acres; and
(2)five hundred thousand dollars ($500,000) in value.
(b)A corporation incorporated under this chapter may sell any land that it possesses or may possess. [Pre-2008 Recodification Citations: subsection (a) formerly 15-1-2-6 part; subsection (b) formerly 15-1-2-10.]

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Legislative History

As added by P.L.2-2008, SEC.5.

Nearby Sections

15
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Bluebook (online)
Indiana § 15-14-1-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/15-14-1-7.