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15-14-1-1. Organization of fair; articles of incorporation

IN Code § 15-14-1-1 (2019) (N/A)
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Sec. 1. (a) At least thirty (30) individuals who are residents of at least two (2) states may organize themselves into a society to locate and conduct a fair in any county in Indiana.

(b) Individuals who have organized a society under subsection (a) may organize themselves into a corporation by filing written articles of incorporation under section 2 of this chapter. The articles must:

(1) be signed by each individual who is a member at the time of organization;

(2) specify the:

(A) purpose of the corporation;

(B) corporate name that is adopted;

(C) name and residential address of each member or stockholder; and

(D) manner in which individuals are appointed or elected to manage the business and concerns of the corporation; and

(3) bear an impression and description of the corporate seal.

[Pre-2008 Recodification Citation: 15-1-2-1.]

As added by P.L.2-2008, SEC.5.

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15-14-1-2. Filing articles