Indiana Statutes
§ 23-5-2-4 — Rights, powers, and privileges of associations
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 5 OTHER BUSINESS ASSOCIATIONS·Ch. 2 Boards of Trade, Exchanges, and Chambers of
Every such association shall, from the time such
articles are filed in the proper recorder's office be deemed and held to
be a corporation, and shall have and possess all the rights, powers and
privileges given to corporations by common law; to sue and be sued;
and to rent, lease, purchase, hold and convey such real and personal
property as may be necessary and proper for the purpose of erecting
and maintaining buildings thereon and to carry out the objects of any
such corporation.
Formerly: Acts 1875, c.5, s.4; Acts 1913, c.295, s.1.
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Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"