Indiana Statutes

§ 15-14-5-2 — Powers to borrow money, mortgage property, and issue bonds

Indiana § 15-14-5-2
JurisdictionIndiana
Art. 14AGRICULTURAL FAIRS, ASSOCIATIONS, AND
Ch. 5Agricultural Societies, Associations, and Corporations

This text of Indiana § 15-14-5-2 (Powers to borrow money, mortgage property, and issue bonds) 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 § 15-14-5-2 (2026).

Text

A society, an association, or a corporation described in section 1 of this chapter, with authority of its board of directors, may:

(1)borrow money;
(2)mortgage its property; and
(3)issue notes, bonds, and other obligations without restrictions other than those applying to corporations generally. [Pre-2008 Recodification Citation: 15-1-10-1 part.]

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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 § 15-14-5-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/15-14-5-2.