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§ 15-12-1-24 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 15 - Agriculture and Animals/
  5. Article 12 - Agricultural Assistance Organizations and Programs/
  6. Chapter 1 - Agricultural Cooperatives15-12-1-1. Purpose; Legislative Declaration/
  7. § 15-12-1-24
Indiana Legal Code

§ 15-12-1-24

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Each director, other than a public director, must be engaged in or have a direct interest in the production of agricultural products.(b) An association may provide in the association's bylaws that a person is not eligible for election as a director unless the person is a member or patron of the association.(c) An association may provide in the association's bylaws that a person is not eligible for election as a director unless the person has paid any indebtedness owed by the person to the association.[Pre-2008 Recodification Citations: subsection (a) formerly 15-7-1-11(h); subsection (b) formerly 15-7-1-11(i); subsection (c) formerly 15-7-1-11(j).]As added by P.L.2-2008, SEC.3.