§ 15-16-6-2 — Organizers; articles of association; contents; amendment

(a) At least ten (10) persons who are owners of
land:
(1) constituting a contiguous area; and
(2) upon which are situated orchards, fruit trees, or other fruit
bearing plants;
may establish a horticultural and quarantine district.
(b) The articles of association must be in writing and signed and
acknowledged by each person who desires to become a member of the
organization. The articles of association must specify the following:
(1) The corporate name of the association.
(2) The objectives of the association, generally.
(3) The name and residence of each incorporating member.
(4) The term of existence of the association. However, the term
may not exceed ten (10) years.
(5) That three (3) directors shall manage the affairs of the
association.
(c) An association may not have capital stock. The articles of
association may be amended at any time by supplementary and
amended articles:
(1) signed and acknowledged by a majority of the members of the
association at the time of amendment; and
(2) recorded in the same manner as the original articles.
[Pre-2008 Recodification Citation: 15-3-7-2.]

Legislative History

As added by P.L.2-2008, SEC.7.