Indiana Statutes
§ 8-1-17-10 — Corporate purpose; local cooperative corporation
(a)The corporate purpose of each local
cooperative corporation shall be to render communications service to
its members and to such other persons in the specific instances as
expressly provided in this chapter, and no person shall become or
remain a member unless such person shall use communications service
supplied by such cooperative corporation and shall have complied with
the terms and conditions in respect to membership contained in the
bylaws of such cooperative corporation.
(b)A local cooperative corporation is one formed under this chapter
for the purpose of furnishing communications service to its patrons.
Formerly: Acts 1951, c.193, s.10. As amended by P.L.59-1984,
SEC.76; P.L.81-2020, SEC.9.
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