reglab/housing_qa huggingface dataset:
IN Code § 23-5-2-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 5. Other Business Associations|Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce|23-5-2-3. Filing and Recording Articles of Incorporation; Amendment

Sec. 3. Every such association shall file their articles of incorporation in the recorder's office of the county in which such association may be formed; and, upon the expense of filing and recording being paid, the recorder shall record the same in the miscellaneous book of records in the recorder's office, and such records, or a certified copy thereof, as against the subscribers of such articles of incorporation, shall be conclusive evidence of the matters and things recited in the records. Such articles may be amended from time to time in such manner as may be prescribed in the original articles of association; and amendments so made shall go into effect when filed and recorded in the recorder's office of such county. However, no such amendments shall be allowed or made which shall change the objects of any such association as defined in the original articles of association, nor add another and different object than those originally specified as required by this section.Formerly: Acts 1875, c.5, s.3. As amended by P.L.136-2018, SEC.132.
IN Code § 23-5-2-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 5. Other Business Associations|Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce|23-5-2-4. Rights, Powers, and Privileges of Associations

Sec. 4. Every such association shall, from the time such articles are filed in the proper recorder's office be deemed and held to be a corporation, and shall have and possess all the rights, powers and privileges given to corporations by common law; to sue and be sued; and to rent, lease, purchase, hold and convey such real and personal property as may be necessary and proper for the purpose of erecting and maintaining buildings thereon and to carry out the objects of any such corporation.Formerly: Acts 1875, c.5, s.4; Acts 1913, c.295, s.1.
IN Code § 23-5-2-5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 5. Other Business Associations|Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce|23-5-2-5. Shares of Corporation

Sec. 5. Every such corporation may, at its discretion, divide its corporate property into shares and designate and prescribe the manner and under what conditions the said stock or shares thereof may be held, sold, transferred, conveyed, voted, retired, cancelled or forfeited.Formerly: Acts 1875, c.5, s.5; Acts 1913, c.295, s.2.
IN Code § 23-5-2-6 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 5. Other Business Associations|Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce|23-5-2-6. Officers, Directors, and Agents; Books and Records

Sec. 6. Every such corporation shall, in the manner specified in its articles of incorporation, elect such officers, directors and agents as may be necessary to carry into operation the objects of its organization. It may adopt and prescribe rules and by-laws for the government of its officers, directors, agents and members, and shall keep a record of its proceedings, and books in which shall be kept correct accounts of all receipts and expenditures of such corporation, and semiannually a balance sheet containing a full, true and complete account of all such receipts and expenditures, shall be made out, signed by the president, attested by the clerk or secretary and recorded in a book to be kept for that purpose, and such book, and all other books in which the accounts of such corporation may be kept, shall be, during business hours, open to the examination and inspection of the members thereof, and shall keep a corporate seal, and such records or copies thereof, duly signed by the president, and attested by the secretary or clerk under its corporate seal, and verified by the affidavit of such president or clerk thereto annexed, may be given and read in evidence in any court when the interests of such corporation are concerned.Formerly: Acts 1875, c.5, s.6.
IN Code § 23-5-2-7 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 5. Other Business Associations|Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce|23-5-2-7. Settlement of Disputes

Sec. 7. Every such corporation may adopt rules, by-laws and regulations relating to the arbitration and settlement of business controversies and misunderstanding between its members, and may appoint, annually, or oftener, committees to whom such disputes may be referred for settlement, and all arbitrations and settlements thus made, and the awards of such committees shall be final and binding upon the parties only who may have signed a written agreement to abide by such awards, and such corporation may expel any of its members for violations of its regulations, or for dishonorable transactions in business.Formerly: Acts 1875, c.5, s.7.
IN Code § 23-5-2-8 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 5. Other Business Associations|Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce|23-5-2-8. Violations; Penalties

Sec. 8. Any willful violation of any of the provisions of this chapter, by any association or corporation organized under or by virtue of this chapter, shall forfeit all rights of such corporation or association acquired under this chapter, and it may be proceeded against by information as, by law, in other cases provided.Formerly: Acts 1875, c.5, s.8. As amended by P.L.34-1987, SEC.332.
IN Code § 23-5-2-9 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 5. Other Business Associations|Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce|23-5-2-9. Mutual Mortuary Benefits

Sec. 9. (a) This chapter shall not authorize the organization of any banking, insurance, telegraph, mining, manufacturing, warehouse, or transportation company, but any board of trade or other commercial organization organized under this chapter may create and operate among its members a system of mutual mortuary benefits and may raise the benefits, after the death of each member who is a subscriber to the mortuary benefit fund, by an assessment of not more than four dollars ($4) upon each living member for the benefit of the beneficiaries of such deceased member described in the articles of association or bylaws of the corporation or for the benefit of the beneficiaries named by the member conformably to the articles of association or bylaws.(b) The corporation may make continued membership in the corporation itself, of a living member, conditional upon the member's paying such assessments promptly.(c) The corporation shall only be liable to any beneficiary to the extent for the assessment in the beneficiary's favor that has been received by it, and the fund so collected shall not be depleted by any salary of officers or other expenses, but the whole thereof shall be paid to the beneficiary.Formerly: Acts 1875, c.5, s.9; Acts 1901, c.191, s.1. As amended by P.L.34-1987, SEC.333; P.L.1-1989, SEC.47.
IN Code § 23-5-2-10 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 5. Other Business Associations|Chapter 2. Boards of Trade, Exchanges, and Chambers of Commerce|23-5-2-10. Report to General Assembly

Sec. 10. Any and all associations or corporations organized under or having existence by virtue of this chapter shall remain subject to the control of the general assembly of the state of Indiana, and may be, by law, required and compelled to make a report of all its proceedings to any general assembly of this state, and any general assembly of this state may, by law, repeal this chapter, and require and compel the dissolution and settling up of all corporations or associations organized under this chapter within any period not less than three (3) years after the passage of such repealing law. A report under this section to the general assembly must be in an electronic format under IC 5-14-6.Formerly: Acts 1875, c.5, s.10. As amended by P.L.34-1987, SEC.334; P.L.28-2004, SEC.161.
IN Code § 23-6-3-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 3. Indiana Historical Society|23-6-3-1. Body Politic and Corporate; Powers

Sec. 1. The Indiana historical society is a body politic and corporate that may:(1) have perpetual succession;(2) hold, purchase, receive, enjoy and transfer any property, real and personal;(3) have and use a common seal; and(4) sue and be sued, plead and be impleaded, defend and be defended in all courts of judicature whatever.Formerly: Acts 1831, c.34, s.1. As added by Acts 1982, P.L.146, SEC.1.
IN Code § 23-6-3-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 3. Indiana Historical Society|23-6-3-2. Objects

Sec. 2. The objects of the society are:(1) the collection and preservation of all materials calculated to shed light on the natural, civil, and political history of Indiana;(2) the publication and circulation of historical documents;(3) the promotion of useful knowledge; and(4) the friendly and profitable intercourse of such citizens as are disposed to promote these ends.Formerly: Acts 1831, c.34, s.1.5; Acts 1978, P.L.152, SEC.1. As added by Acts 1982, P.L.146, SEC.1.
IN Code § 23-6-3-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 3. Indiana Historical Society|23-6-3-3. Annual Meeting; Governing Body; Election; Resolutions

Sec. 3. (a) There shall be an annual meeting of the members of the society at a time and place to be specified in the bylaws.(b) At each annual meeting one-third (1/3) of the members of the governing body shall be elected by the members of the society in a manner and for terms to be specified in the bylaws.(c) The number of members of the governing body shall be fixed by the bylaws.(d) The members of the society, at the annual meeting, may adopt such resolutions for the government of the society as they think proper and as are not inconsistent with this chapter and with the laws and constitution of this state.Formerly: Acts 1831, c.34, s.2; Acts 1969, c.88, s.1; Acts 1978, P.L.152, SEC.2. As added by Acts 1982, P.L.146, SEC.1.
IN Code § 23-6-3-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 3. Indiana Historical Society|23-6-3-4. Bylaws

Sec. 4. (a) The governing body of the society may make such bylaws as it thinks proper for the government of the society and for carrying into effect the objects of the society not inconsistent with this chapter or with any resolution that is adopted at an annual meeting of the members of the society.(b) The bylaws adopted by the governing body and a statement of the receipts and disbursements of the society shall be reported to the annual meetings of the society.Formerly: Acts 1831, c.34, s.3; Acts 1978, P.L.152, SEC.3. As amended by Acts 1982, P.L.146, SEC.1.
IN Code § 23-6-3-5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 3. Indiana Historical Society|23-6-3-5. Delivery of Laws and Journals to Society; Delivery of Books and Other Articles

Sec. 5. (a) The legislative services agency shall deliver to the society one (1) copy of the laws of this state and one (1) copy of the journals of the senate and house of representatives, which are published each year.(b) The secretary of state shall deliver to the society all books and other articles that have been or may be transmitted to his office for the use of the society.Formerly: Acts 1831, c.34, s.4; Acts 1978, P.L.152, SEC.4. As added by Acts 1982, P.L.146, SEC.1.
IN Code § 23-6-4-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-1. "Credit Corporation" Defined

Sec. 1. As used in this chapter, "credit corporation" means a corporation to which the secretary of state has issued a certificate of election under section 8 of this chapter.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-2. "Lending Agreement" Defined

Sec. 2. As used in this chapter, "lending agreement" means an agreement between a credit corporation and a lending institution, under which the lending institution agrees to lend funds to the credit corporation in accordance with section 13 of this chapter.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-3. "Lending Institution" Defined

Sec. 3. As used in this chapter, "lending institution" means a bank or trust company, industrial loan and investment company, credit union, savings bank, bank of discount and deposit, small loan company, savings association, insurance company or related corporation, partnership, limited liability company, foundation, pension fund, or other institution engaged primarily in lending or investing funds.As added by P.L.236-1985, SEC.1. Amended by P.L.42-1993, SEC.16; P.L.79-1998, SEC.24.
IN Code § 23-6-4-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-4. "Loan Limit" Defined

Sec. 4. As used in this chapter, "loan limit" means, for any member, the maximum amount permitted to be outstanding at any one (1) time on loans made by that member to a credit corporation, as determined by the credit corporation's board of directors.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-5. "Member" Defined

Sec. 5. As used in this chapter, "member" means a lending institution authorized to do business in Indiana that enters into a lending agreement with, and undertakes to make member loans to, a credit corporation organized or operated under this chapter.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-6 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-6. "Member Loan" Defined

Sec. 6. As used in this chapter, "member loan" means a loan made by a member upon the call of the credit corporation under its lending agreement with the member and section 13 of this chapter.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-7 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-7. "Small Business Concern" Defined

Sec. 7. As used in this chapter, "small business concern" means any business entity that qualifies as a small business concern under the applicable section of the federal Aid to Small Business Act (15 U.S.C. 632) and accompanying regulations.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-8 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-8. Election to Accept Chapter; Amendment of Articles of Incorporation; Resolution; Vote of Shareholders; Approval; Certificate of Election

Sec. 8. (a) Any corporation organized before January 1, 1985, under IC 23-1 (the Indiana General Corporation Act) may elect to accept this chapter, and avail itself of the rights, privileges, immunities, and franchises provided by this chapter, by filing in the office of the secretary of state the election described in subsection (b), together with amended articles of incorporation allowing it to operate under this chapter.(b) The board of directors of a corporation desiring to accept this chapter shall, by a resolution adopted by a majority vote of the board, approve a written election setting forth:(1) the name of the corporation;(2) the location of its principal office;(3) the name and post office address of its resident agent;(4) the date of its incorporation; and(5) a declaration that it accepts all of the terms and provisions of this chapter.(c) The resolution of the board of directors electing to accept this chapter and the corporation's amended articles of incorporation shall be submitted to a vote of the shareholders of the corporation entitled to vote on those proposals at a designated meeting called for that purpose. The affirmative votes of the holders of at least two-thirds (2/3) of the outstanding voting shares of the corporation are required for adoption of the election and the amended articles of incorporation. If the election and the amended articles of incorporation are adopted, they shall be signed in duplicate by a current officer of the corporation, verified and affirmed subject to penalties for perjury, and presented in duplicate to the secretary of state at the secretary of state's office.(d) Upon the presentation of an election and amended articles of incorporation adopted under this section, the secretary of state shall endorse an approval upon both of the duplicate copies of each document, if the secretary determines that they conform to law. If all fees have been paid as required by law, the secretary shall also:(1) file one (1) copy of each document in the secretary's office;(2) issue a certificate of election to the corporation; and(3) return the remaining copies bearing the endorsement of the secretary's approval to the corporation.(e) Upon the issuance of a certificate of election to a corporation by the secretary of state under subsection (d):(1) the election becomes effective;(2) the corporation is entitled to all of the rights, privileges, immunities, powers, and franchises, and is subject to all of the penalties, liabilities, and restrictions granted to or imposed upon credit corporations organized by this chapter; and(3) the amendments to the corporation's articles of incorporation become effective.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-9 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-9. Purposes of Corporations

Sec. 9. The purposes for which a credit corporation may exist must include the following:(1) To assist, promote, encourage, and, through the cooperative efforts of the institutions and corporations that from time to time become members of the credit corporation, develop and advance the business prosperity and economic welfare of Indiana.(2) To encourage and assist in the location of new business and industry in Indiana and to rehabilitate existing Indiana business and industry.(3) To stimulate and assist in the expansion of all kinds of business activity, primarily through the making of loans and other extensions of credit to small business concerns, for purposes of:(A) promoting the business development and maintaining the economic stability of Indiana;(B) providing maximum opportunities for employment;(C) encouraging thrift; and(D) improving the standard of living of the citizens of Indiana.(4) To cooperate with other organizations, public or private, the objectives of which are the promotion and advancement of industrial, commercial, agricultural, or recreational developments in Indiana.(5) To furnish money and credit to approved and deserving applicants, primarily small business concerns, for the promotion, development, and conduct of all kinds of business activity in Indiana, and to thereby establish a source of credit not otherwise readily available to those applicants.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-11 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-11. Persons or Entities Qualified to Participate; Shareholders' Rights; Amount of Capital Stock Acquired

Sec. 11. (a) Notwithstanding any other law, any person, domestic or foreign corporation, public utility company, insurance company, lending institution, or trust may acquire, purchase, hold, sell, assign, transfer, mortgage, pledge, or otherwise dispose of any bonds, securities, other evidence of indebtedness, or shares of the capital stock of a credit corporation. While a shareholder of a credit corporation, such a person or entity may exercise all the rights, powers, and privileges granted other shareholders of the credit corporation, including the right to vote. Except as otherwise specifically provided in this chapter, such a person or entity may take any action authorized by this section without the approval of any Indiana regulatory authority.(b) The amount of capital stock of a credit corporation that a member may acquire under this section is in addition to the amount of capital stock in corporations that the member may otherwise acquire.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-12 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-12. Lending Institutions as Members; Loans

Sec. 12. Notwithstanding any other law, lending institutions may become members of a credit corporation and make loans to the credit corporation as provided in this chapter.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-13 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-13. Lending Agreements; Time of Membership; Evidence of Loans; Interest

Sec. 13. Any lending institution may become a member of a credit corporation by entering into a lending agreement with the credit corporation on such form and in such manner as the board of directors of the credit corporation may require. Membership in a credit corporation becomes effective upon execution of such an agreement. Each member shall lend funds to the credit corporation according to the terms of the lending agreement. The board of directors of the credit corporation shall determine and approve the terms for lending agreements, subject to the following conditions:(1) The total amount outstanding on loans to the credit corporation made by any member under its lending agreement or otherwise at any time, when added to the amount of the investment in the capital stock of the credit corporation then held by that member, may not exceed the lesser of:(A) any limit established by applicable state or federal law; or(B) the loan limit for that member.(2) All loans made to the credit corporation by members must be evidenced by bonds, debentures, notes, or other evidences of indebtedness of the credit corporation.(3) The board of directors of the credit corporation shall determine the interest rate for the debt instruments referred to in subdivision (2).As added by P.L.236-1985, SEC.1.