Indiana § 8-1-17-12 General grant of powers to corporation

Indiana Statutes

§ 8-1-17-12 — General grant of powers to corporation

Indiana § 8-1-17-12

Art. 1UTILITIES GENERALLY

Ch. 17Telephones─Rural Telephone Cooperative Act

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Bluebook

Ind. Code § 8-1-17-12 (2026).

Text

Each cooperative corporation is vested with
all powers necessary or requisite for the accomplishment of its
corporate purpose and capable of being delegated by the general
assembly of the state of Indiana; and no enumeration of particular
powers granted by this chapter shall be construed to impair any general
grant of power contained in this chapter, nor to limit any such grant to
a power or powers of the same class or classes as those so enumerated.
Formerly: Acts 1951, c.193, s.12. As amended by P.L.49-2018,
SEC.5; P.L.136-2018, SEC.75.

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Each cooperative corporation is vested with
all powers necessary or requisite for the accomplishment of its
corporate purpose and capable of being delegated by the general
assembly of the state of Indiana; and no enumeration of particular
powers granted by this chapter shall be construed to impair any general
grant of power contained in this chapter, nor to limit any such grant to
a power or powers of the same class or classes as those so enumerated.
Formerly: Acts 1951, c.193, s.12. As amended by P.L.49-2018,
SEC.5; P.L.136-2018, SEC.75.