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§ 15-12-1-51 — Indiana Law | CourtGPT
  1. Home/
  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. § 15-12-1-51
Indiana Legal Code

§ 15-12-1-51

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Any nonprofit cooperative association organized under the agricultural cooperative law of another state and admitted to do business in Indiana:(1) may transact business as set forth in the certificate of admission issued to the association by the secretary of state;(2) has the same rights, privileges, powers, and remedies at law or in equity possessed by an association incorporated under this chapter; and(3) is subject to the same liabilities, restrictions, duties, and penalties imposed on an association incorporated under this chapter.[Pre-2008 Recodification Citation: 15-7-1-32.]As added by P.L.2-2008, SEC.3.