Indiana Code 15-12-1-8. Eligibility to form an association
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Sec. 8. The following may form an association under this chapter:
(2) Two (2) or more associations that:
(1) Five (5) or more persons engaged in the production of agricultural products.
Terms Used In Indiana Code 15-12-1-8
- agricultural products: includes horticultural, viticultural, forestry, dairy, livestock, grain, poultry, bee, and any other farm product. See Indiana Code 15-12-1-3
- association: means any corporation organized under or governed by this chapter. See Indiana Code 15-12-1-4
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
(A) are:
(i) organized under or governed by this chapter; or
(ii) organized under any other Indiana law or under the laws of any other state or territory of the United States or of the District of Columbia; and
(B) are operated on a cooperative basis for the mutual benefit of the associations’ members, members and patrons, or patrons as producers or associations of producers.
[Pre-2008 Recodification Citation: 15-7-1-3.]
As added by P.L.2-2008, SEC.3.