Indiana Statutes

§ 8-1-17-2 — Formation of corporation

Indiana § 8-1-17-2
JurisdictionIndiana
Art. 1UTILITIES GENERALLY
Ch. 17Telephones─Rural Telephone Cooperative Act

This text of Indiana § 8-1-17-2 (Formation of corporation) 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 § 8-1-17-2 (2026).

Text

Any number of natural persons not less than eleven (11) may, by executing, filing, and recording articles of incorporation as provided in this chapter, form a cooperative corporation, not organized for pecuniary profit, for the purpose of:

(1)if the corporation is local in its scope, promoting and encouraging the fullest possible use of communications service in Indiana by making communications service and educational services incident to communications service available to inhabitants of rural areas of Indiana at the lowest cost consistent with sound economy and prudent management of the business of the cooperative corporation; or
(2)if the corporation is general in its scope, furnishing engineering, financial, accounting, and/or educational services, incident to communications service.

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Bluebook (online)
Indiana § 8-1-17-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1-17-2.