Indiana Code 8-1-17-2.2. Telephone cooperative corporations formed before July 1, 2020
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Sec. 2.2. (a) A telephone cooperative corporation formed under this chapter before July 1, 2020, is, after June 30, 2020:
(2) subject to this chapter;
(1) considered to be a communications cooperative corporation; and
Terms Used In Indiana Code 8-1-17-2.2
- communications: means construction, engineering, financial, accounting, or educational services incidental to communications service. See Indiana Code 8-1-17-3
- Cooperative corporation: means a corporation formed under this chapter. See Indiana Code 8-1-17-3
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Statute: A law passed by a legislature.
as if the telephone cooperative corporation were formed under this chapter after June 30, 2020.
(b) After June 30, 2020, a reference in a statute, rule, or other document to a telephone cooperative corporation formed under this chapter is considered a reference to a communications cooperative corporation formed under this chapter.
As added by P.L.81-2020, SEC.6.