(b) A society described in subsection (a) may:(1) issue capital stock not to exceed ten thousand dollars ($10,000), in shares not to exceed twenty-five dollars ($25) each; and(2) hold real estate, by purchase, gift, or devise, not to exceed eighty (80) acres.[Pre-2008 Recodification Citation: 15-1-4-1.]As added by P.L.2-2008, SEC.5.
Indiana Legal Code