reglab/housing_qa huggingface dataset:
IN Code § 23-6-4-14 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-14. Duration of Membership; Withdrawal of Membership

Sec. 14. The board of directors of a credit corporation shall determine the duration of membership in the credit corporation. However, upon written notice given to the credit corporation ninety (90) days in advance, a member may withdraw from membership in the credit corporation. After notice of the intended withdrawal of a member has been received by the credit corporation, the member is not obligated to make any further loans to the credit corporation.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-15 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-15. Powers of Members and Shareholders; Voting Rights

Sec. 15. (a) Only the members and shareholders of a credit corporation may exercise the following powers of the credit corporation:(1) To elect directors of the credit corporation as provided in section 16 of this chapter.(2) To amend the credit corporation's articles of incorporation as provided in section 17 of this chapter.(3) To dissolve the credit corporation as provided in section 19 of this chapter.(4) To exercise such other of the powers of the credit corporation, consistent with this chapter, as may be conferred on the members and shareholders by the bylaws of the credit corporation.(b) As to any matter requiring action by the members and shareholders of the credit corporation, the members and shareholders shall vote separately on that matter by classes. Except as otherwise provided in this chapter, such a matter requires the affirmative vote of at least a majority of the votes to which the members present or represented at the meeting are entitled and the affirmative vote of at least a majority of the votes to which the shareholders present or represented at the meeting are entitled.(c) Each shareholder has one (1) vote for each share of stock held by the shareholder, and each member has one (1) vote. However, additional votes may be granted to any member or group of members by the articles of incorporation of the credit corporation.(d) As to any matter requiring action by the members and shareholders of a credit corporation, the members and shareholders may vote either in person or by proxy.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-16 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-16. Board of Directors; Loan Committees

Sec. 16. (a) Except as otherwise provided in section 15 of this chapter, the corporate powers of a credit corporation shall be exercised by its board of directors. The board of directors of a credit corporation consists of:(1) thirteen (13) individuals who are elected to serve as directors by the shareholders and members of the credit corporation; and(2) two (2) ex officio directors as provided in subsection (c).Each elected director must be at least eighteen (18) years of age, a citizen of the United States, and a resident of Indiana.(b) The number of directors to be elected by the shareholders of a credit corporation and the number of directors to be elected by the members of the corporation must be included in the articles of incorporation of the credit corporation.(c) The treasurer of state and the director of the department of financial institutions shall each serve as an ex officio director of a credit corporation, with the same authority as an elected director, but without liability for that service, except for gross negligence or willful misconduct.(d) If an elected director of a credit corporation ceases being a citizen of the United States or a resident of Indiana, the individual's position as a director of the credit corporation immediately becomes vacant.(e) If a vacancy occurs in the elected membership of the board of directors of a credit corporation through death, resignation, or otherwise, the vacancy shall be filled in the manner prescribed in this subsection. A vacancy in the office of a director elected by the members shall be filled by the directors elected by the members, and a vacancy in the office of a director elected by the shareholders shall be filled by the directors elected by the shareholders.(f) The board of directors of a credit corporation, by resolution adopted by a majority of the actual number of directors holding office, may establish a loan committee. Except as otherwise provided in this chapter, such a loan committee, to the extent provided in the resolution, may exercise all the authority of the board of directors over the lending operations of the credit corporation. However, only an individual who is a member of the credit corporation's board of directors or who has significant commercial lending experience may serve on the loan committee.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-17 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-17. Amendment of Articles of Incorporation

Sec. 17. (a) Subject to subsection (b), a credit corporation's articles of incorporation may be amended by the members and shareholders of the corporation. The members and shareholders shall vote on proposed amendments in the manner prescribed by section 15 of this chapter. However, the affirmative vote of at least two-thirds (2/3) of the votes to which each class is entitled is required for adoption of an amendment.(b) An amendment to the articles of incorporation that is inconsistent with the general purposes expressed in this chapter or that authorizes any additional class of capital stock to be issued may not be adopted. In addition, an amendment of the articles of incorporation that:(1) increases the obligation of a member to make loans to the credit corporation;(2) makes any change in the principal amount, interest rate, maturity date, or security or credit position of any outstanding loan of a member to the credit corporation; or(3) affects a member's voting rights;may not be made without the consent of each member affected by the amendment.(c) An amendment to the articles of incorporation of a credit corporation shall be filed with the secretary of state. The amendment takes effect on the date of that filing.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-18 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-18. Deposits of Funds

Sec. 18. (a) A credit corporation may deposit its funds only in a financial institution that has been designated as a depository by a vote of a majority of the directors of the credit corporation present at an authorized meeting of the board of directors. However, a director of the credit corporation who is also an officer or director of a financial institution may not vote on a proposal to designate that financial institution as a depository and may not be counted as being present when a vote on such a proposal is taken.(b) A credit corporation may not receive money on deposit.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-19 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-19. Period of Existence; Dissolution of Corporation

Sec. 19. (a) The period of existence of a credit corporation must be perpetual, subject to the right of the members and shareholders to dissolve the corporation under subsection (b).(b) The members and shareholders of a credit corporation may dissolve the credit corporation. The members and shareholders shall vote on a proposal to dissolve the credit corporation in the manner prescribed by section 15 of this chapter. However, the affirmative vote of at least two-thirds (2/3) of the votes to which each class is entitled is required to dissolve the credit corporation.(c) Upon dissolution of a credit corporation, none of the credit corporation's assets may be distributed to the shareholders until all sums due the members and creditors of the credit corporation have been paid in full.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-20 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-20. State Development Company

Sec. 20. A credit corporation is a state development company, as defined in the Small Business Investment Act of 1958 (P.L.85-699, 72 Stat.689) or any similar federal statute, and is authorized to operate on a statewide basis.As added by P.L.236-1985, SEC.1.
IN Code § 23-6-4-21 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-21. Exemptions; Securities Registration; Taxation; Financial Institutions Regulation

Sec. 21. (a) Any securities issued by a credit corporation are exempt from registration under, or compliance with, IC 23-19.(b) Any tax exemptions, tax credits, or tax privileges granted to banks, savings and loan associations, trust companies, and other financial institutions by Indiana law are granted to a credit corporation.(c) A credit corporation is exempt from regulation under, or compliance with, IC 28-1-1 through IC 28-1-23. However, the department of financial institutions shall conduct an annual examination of the credit corporation for the purpose of determining its financial condition.As added by P.L.236-1985, SEC.1. Amended by P.L.27-2007, SEC.22.
IN Code § 23-6-4-22 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-22. Reports

Sec. 22. Each credit corporation shall make an annual report of its condition to the governor and the general assembly before March 2 of each year. An annual report under this section to the general assembly must be in an electronic format under IC 5-14-6.As added by P.L.236-1985, SEC.1. Amended by P.L.28-2004, SEC.162.
IN Code § 23-6-4-23 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 6. Public Corporations and Associations|Chapter 4. Indiana Business Development Credit Corporation Law|23-6-4-23. Application of Ic 23-1

Sec. 23. IC 23-1 applies to a credit corporation. However, if there is a conflict between IC 23-1 and this chapter, this chapter controls.As added by P.L.236-1985, SEC.1.
IN Code § 23-7-5-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 5. Acceptance Into Homes for the Aged|23-7-5-1. Right to Accept Men in Homes for Aged Females

Sec. 1. It shall be lawful for any incorporated voluntary association heretofore incorporated or hereafter to be incorporated under the laws of this state, for the purpose of establishing and maintaining a home for the care and support of aged females, who can not support themselves from their own means and by their own industry, to receive into such home and support and care for aged men of the same class also.Formerly: Acts 1885, c.35, s.1.
IN Code § 23-7-7-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 7. Acquisition of Historical Sites|23-7-7-1. Application of Chapter

Sec. 1. This chapter applies to all cities, all towns, and all corporations formed under IC 23-7-1.1 (before its repeal on August 1, 1991) or IC 23-17.[Pre-Local Government Recodification Citation: 18-5-15-1 part.]As added by Acts 1981, P.L.11, SEC.129. Amended by P.L.179-1991, SEC.28; P.L.1-1992, SEC.116.
IN Code § 23-7-7-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 7. Acquisition of Historical Sites|23-7-7-2. Authorization to Acquire Sites; Eminent Domain

Sec. 2. Each corporation to which this chapter applies may acquire and hold battlegrounds or other historic sites for the purpose of maintaining or improving them for historical purposes. The acquisition of property under this section is for a public use, and title may be taken under the power of eminent domain.[Pre-Local Government Recodification Citation: 18-5-15-1 part.]As added by Acts 1981, P.L.11, SEC.129.
IN Code § 23-7-7-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 7. Acquisition of Historical Sites|23-7-7-3. Exemption From Taxation

Sec. 3. Property acquired under this chapter is exempt from taxation.[Pre-Local Government Recodification Citation: 18-5-15-1 part.]As added by Acts 1981, P.L.11, SEC.129.
IN Code § 23-7-8-0.1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 8. Professional Fundraiser Consultant and Solicitor Registration|23-7-8-0.1. Application of Certain Amendments to Chapter

Sec. 0.1. The amendments made to sections 1 and 8 of this chapter by P.L.24-1989 are clarifications only and should not be construed as modifications of existing law.As added by P.L.220-2011, SEC.379.
IN Code § 23-7-8-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 8. Professional Fundraiser Consultant and Solicitor Registration|23-7-8-3. Public Records; Inspection

Sec. 3. All registration statements and information required to be filed under this chapter with the division, are public records. The division shall maintain these records for at least two (2) years, and shall make them available to the general public for inspection and photocopying for a charge, during the normal business hours.As added by P.L.245-1983, SEC.1.
IN Code § 23-7-8-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 8. Professional Fundraiser Consultant and Solicitor Registration|23-7-8-4. Registration Fees; Disposition; Update to Registration

Sec. 4. (a) A professional fundraiser consultant or professional solicitor who applies for registration shall pay a fee of one thousand dollars ($1,000). A partnership, limited liability company, corporation, or other entity that intends to act as a professional fundraiser consultant, or professional solicitor, may register for and pay a single registration fee of one thousand dollars ($1,000) on behalf of its members, officers, agents, and employees.(b) The fees collected shall be used, in addition to funds appropriated by the general assembly, for the administration of this chapter.(c) Before July 2 of each year, a professional fundraiser consultant or professional solicitor registered under this chapter must file an update to the registration. A renewal fee of fifty dollars ($50) must accompany this update.As added by P.L.245-1983, SEC.1. Amended by P.L.24-1989, SEC.4; P.L.8-1993, SEC.320; P.L.48-1998, SEC.2.
IN Code § 23-7-8-5 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 8. Professional Fundraiser Consultant and Solicitor Registration|23-7-8-5. Accurate Fiscal Records; Requirement

Sec. 5. (a) Every professional fundraiser consultant and professional solicitor required to register under this chapter shall keep accurate fiscal records regarding its activities in Indiana. A professional fundraiser consultant or professional solicitor shall retain the records for at least three (3) years after the end of the period of registration to which they relate.(b) Records maintained under subsection (a) shall be made available for inspection and copying by the division upon oral or written request of the division at any time during the normal business hours of the professional fundraiser consultant or professional solicitor.As added by P.L.245-1983, SEC.1. Amended by P.L.24-1989, SEC.5; P.L.48-1998, SEC.3.
IN Code § 23-7-8-6 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 8. Professional Fundraiser Consultant and Solicitor Registration|23-7-8-6. Required Disclosures at Time of Solicitation; Written Confirmation

Sec. 6. (a) A professional solicitor subject to registration under this chapter or a person who is employed to solicit or act on behalf of a professional solicitor subject to registration under this chapter shall disclose at the time of the solicitation and before the donor agrees to make a contribution:(1) the name and, upon request, the address of the charitable organization that is being represented;(2) the fact that the person soliciting the contribution is, or is employed by, a professional solicitor, and the fact that the professional solicitor is compensated;(3) the full name of the professional solicitor and, upon request, the telephone number the person being solicited can call to confirm the information provided under this section; and(4) the charitable purpose for which the funds are being raised.(b) If a person solicits in writing or in person, the disclosures required by subsection (a)(1) and (a)(2) shall be in writing. If a person solicits by telephone, the disclosures required by subsection (a)(1) and (a)(2) shall be made orally.(c) A written confirmation shall be mailed within ten (10) days after each solicitation in which a contribution has been given. This confirmation must include the disclosures required under subsection (a)(1) and (a)(2).(d) All disclosures required by this section must be clear and conspicuous.(e) A contributor has the right to cancel a pledge for monetary contribution at any time prior to making the contribution.As added by P.L.245-1983, SEC.1. Amended by P.L.248-1987, SEC.3; P.L.24-1989, SEC.6; P.L.48-1998, SEC.4.
IN Code § 23-7-8-7 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 8. Professional Fundraiser Consultant and Solicitor Registration|23-7-8-7. Prohibited Acts

Sec. 7. (a) A person who solicits charitable contributions may not:(1) use the fact of registration as an endorsement by the state;(2) misrepresent that the person is an officer or employee of a public safety agency;(3) use the name "police", "law enforcement", "trooper", "rescue squad", "firemen", or "firefighter" unless a bona fide police, law enforcement, rescue squad, or fire department authorizes its use in writing;(4) misrepresent to anyone that the contribution will be used for a charitable purpose if the person has reason to believe the contribution will not be used for a charitable purpose;(5) misrepresent to anyone that another person endorses the solicitation unless that person has consented in writing to the use of the person's name for the purpose of endorsing the solicitation;(6) misrepresent to anyone that the contribution is solicited on behalf of anyone other than the charitable organization that authorized the solicitation; or(7) collect or attempt to collect a contribution in person or by means of a courier unless:(A) the solicitation is made in person and the collection or attempt to collect is made at the time of the solicitation; or(B) the contributor has agreed to purchase goods or items in connection with the solicitation, and the collection or attempt to collect is made at the time of delivery of the goods or items.(b) A person who solicits charitable contributions shall not represent that tickets to events will be donated for use by another, unless the following requirements have been met:(1) The paid solicitor has commitments, in writing, from charitable organizations stating that they will accept donated tickets and specifying the number of tickets they are willing to accept.(2) No more contributions for donated tickets are solicited than the number of ticket commitments received from charitable organizations.As added by P.L.245-1983, SEC.1. Amended by P.L.248-1987, SEC.4; P.L.24-1989, SEC.7; P.L.48-1998, SEC.5; P.L.155-2003, SEC.2.
IN Code § 23-7-8-9 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 7. General Civil or Charitable Corporations|Chapter 8. Professional Fundraiser Consultant and Solicitor Registration|23-7-8-9. Assurance of Voluntary Compliance; Form; Filing

Sec. 9. (a) In the administration of this chapter, the attorney general may accept an assurance of voluntary compliance with respect to any violation of this chapter. The assurance of voluntary compliance may include any of the following:(1) Stipulation for the voluntary payment by the person of the costs of investigation.(2) Payment of an amount to be held in escrow pending the outcome of an action or as restitution to aggrieved persons.The assurance of voluntary compliance must be in writing. It must be filed with the court having jurisdiction over the violation and is subject to the court's approval.(b) The giving of an assurance of voluntary compliance under this section is not, for any purpose, considered an admission of a solicitation or failure to register in violation of this chapter. However, any violation of the terms of the assurance constitutes prima facie evidence of a violation of this chapter. An investigation or court action terminated on the basis of the giving of an assurance of compliance under this section may be reopened by the attorney general at any time for further proceedings that are in the public interest.As added by P.L.12-1986, SEC.3. Amended by P.L.24-1989, SEC.9.
IN Code § 23-10-2-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 10. Fraternal and Other Similar Associations|Chapter 2. Land Acquisition and Construction of Buildings for Benevolent Purposes|23-10-2-1. Acquisition of Land; Purposes

Sec. 1. Any persons, congregation, society, church or any grand or subordinate lodge of Free Masons, or Odd Fellows, or Knights of Pythias, or any grand or subordinate chapter, council or encampment of Free Masons, or Odd fellows, or Knights of Pythias, or any temple or division of the Sons or Daughters of Temperance, and any voluntary association for religious, educational, scientific or benevolent purposes may take by purchase, grant or devise lots or tracts of land not exceeding one hundred sixty (160) acres, upon which to erect buildings for religious worship or for such other purposes as will best attain the objects of said several organizations, and, for that purpose, may elect not less than three (3) nor more than nine (9) trustees, who shall possess the power and perform the duties named in this chapter.Formerly: Acts 1852, 1RS, c.101, s.1; Acts 1895, c.10, s.1. As amended by P.L.136-2018, SEC.133.
IN Code § 23-10-2-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 10. Fraternal and Other Similar Associations|Chapter 2. Land Acquisition and Construction of Buildings for Benevolent Purposes|23-10-2-2. Society; Definition

Sec. 2. The word "society" in this chapter shall be deemed to include churches, associations, congregations, grand and subordinate lodges, chapters, councils, encampments, divisions, and all other orders enumerated in section 1 of this chapter.Formerly: Acts 1852, 1RS, c.101, s.2; Acts 1895, c.10, s.2. As amended by P.L.34-1987, SEC.337.