A society, an association, or a corporation described in section 1 of this chapter, with authority of its board of directors, may:(1) borrow money;(2) mortgage its property; and(3) issue notes, bonds, and other obligations without restrictions other than those applying to corporations generally.[Pre-2008 Recodification Citation: 15-1-10-1 part.]As added by P.L.2-2008, SEC.5.
Indiana Legal Code