reglab/housing_qa huggingface dataset:
IN Code § 23-13-5-7 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 5. Management of Educational Institutions Established Under General Laws and Special Enactments|23-13-5-7. Nonappearing Stockholders; Determination of Value of Shares

Sec. 7. Whenever a majority in value of the capital stock of any such corporation existing on March 3, 1909, shall have been assigned and turned over to the directors or trustees, as provided for in sections 5 and 6 of this chapter, the directors or trustees of such corporation may, if they see fit, cause to be filed in the circuit court or superior court, if any, of the county where the institution is located the petition of said institution, making defendant thereto any known stockholder or stockholders, as shown by the stock register of the corporation, or the stockholder's administrator and heirs (if the stockholder is dead) including the surviving spouse and any unknown heirs of such stockholder, and praying the court to appoint three (3) disinterested persons to estimate and appraise the fair cash value of the stock held by such persons. If it appear by affidavit that the name or residence of any stockholder or defendant is unknown or that the person is a nonresident of the state of Indiana, or that the person is believed to be dead and that the names of the person's surviving spouse and heirs or either are unknown, the clerk, by order of the court, shall cause a notice of the pendency of such action and the term at which the same will stand for trial to be published for three (3) weeks successively in some newspaper of general circulation printed in the English language and published in said county. And the value of such shares having been so appraised by said commissioners, by a vote of a majority thereof, when confirmed by the court, shall be final and conclusive upon all parties. And thereupon said corporation shall be decreed to be the purchaser and owner of such shares as against all parties served with notice or against whom or the unknown surviving spouse or heirs of whom publication was made as provided in this section, at and for the value of their respective shares as fixed by such appraisement; and said directors or trustees shall thereupon cause entry of such purchase and ownership to be noted upon the stock register of the corporation, and shall pay to the respective owners of such stock the value thereof as fixed by said appraisement whenever the owners shall present the certificate for such shares owned and assign the same to such corporation or the directors or trustees thereof.Formerly: Acts 1909, c.52, s.6. As amended by P.L.34-1987, SEC.348.
IN Code § 23-13-5-9 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 5. Management of Educational Institutions Established Under General Laws and Special Enactments|23-13-5-9. Certificate Regarding Assignment of Shares

Sec. 9. Whenever this chapter shall have been accepted by a vote of the stockholders, as provided in section 3 of this chapter, and not less than two-thirds (2/3) of all outstanding stock of the corporation shall have been assigned and turned over to the directors or trustees for the corporation, or directly to the corporation, then a certificate containing a copy of the resolutions or other proceedings and votes in said matter had and done at such stockholders' meeting, and also stating that such two-thirds (2/3) of all such stock has been so duly assigned and turned over, signed by the president of the directors or other chief executive officer of such corporation, and attested by the secretary thereof and the corporate seal of such institution attached thereto, shall be filed with the secretary of state for the state of Indiana, and thereupon, the same shall be taken and deemed as an amendment to and part and parcel of the charter of such institution, but such charter shall not be taken or deemed as altered or amended in any other respect than as specified in such resolution or votes.Formerly: Acts 1909, c.52, s.8. As amended by P.L.34-1987, SEC.349.
IN Code § 23-13-5-10 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 5. Management of Educational Institutions Established Under General Laws and Special Enactments|23-13-5-10. Presumption of Assignment

Sec. 10. After one (1) year from the date of any such stockholders' meeting, all stockholders shall be conclusively presumed to have assented to the action thereof and to have assigned their stock to said directors or trustees accordingly, unless, within such year, they shall have filed their respective petitions as provided for the valuation and sale of their stock. After one (1) year from the entry of any decree of court hereinbefore provided for, no appeal shall lie therefrom.Formerly: Acts 1909, c.52, s.9.
IN Code § 23-13-6-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 6. Management of Educational Institutions by Church or Ecclesiastical Bodies|23-13-6-1. Election and Power of Governing Body

Sec. 1. Any university, college, or other institution of learning organized before April 9, 1907, and existing on April 9, 1907, under special enactments of the general assembly of the state of Indiana constituting the charter of the institution, or which is organized on or after April 9, 1907, under the general laws of the state of Indiana, may provide that the board of trustees, or other governing or administrative body thereof may be elected in whole or in part by conferences, synods, presbyteries, or other church or ecclesiastical bodies; in part by graduates of such institution, and that the remainder shall be elected by the board of trustees of the institution, and define the powers of such governing or administrative body, and may further provide for such a system of holding, accounting for, and administering the funds of such institution as will divide such funds into independent classes representing endowment and general funds, with a separate custodian, manager, or treasurer of each of said funds.Formerly: Acts 1907, c.79, s.1. As amended by P.L.34-1987, SEC.350.
IN Code § 23-13-6-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 6. Management of Educational Institutions by Church or Ecclesiastical Bodies|23-13-6-2. Articles of Association; Contents

Sec. 2. In all cases of corporations organized after April 9, 1907, desiring to accept the provisions of this chapter, the corporation shall, in its articles of association, specifically set forth the number of the trustees or other members of its governing or administrative board, the manner of their election, their powers, and the system adopted for administering their respective funds.Formerly: Acts 1907, c.79, s.2. As amended by P.L.34-1987, SEC.351.
IN Code § 23-13-9-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 9. Special Provisions Relating to Educational Trustees|23-13-9-1. Board of Directors; Membership in Church or Religious Denomination Designated in Resolution

Sec. 1. Any university or college organized or existing as a corporation under the provision of any special law, or special charter, enacted or granted by the general assembly of this state, and having a board of directors, and being a corporation having capital stock, may, by a vote of a majority of its capital stock, at any stockholders' meeting, whether regular or special, of the stockholders of such corporation, by by-law or resolution enacted or adopted at such meeting, provided that at least four-fifths (4/5) of the members of such board of directors shall be members in good standing and full fellowship of and in any church or religious denomination as may be named or designated in such by-law or resolution, and in such by-law or resolution provide that at any election of members of such board of directors, there shall first be elected persons to the number of at least four-fifths (4/5) of the total number of members comprising such board in good standing and in full fellowship in such church or denomination: Provided, That such by-law or resolution shall be enacted or adopted by, on or before the first day of January, 1907: And provided, further, That a certified copy of such by-law or resolution, under the hand of the president of such university or college, or of its board of directors, with the corporate seal of such university or college annexed, and attested by the secretary of such university or college, be filed with the secretary of state of the state of Indiana within three (3) months from the date of the enacting or adoption of such by-law or resolution, and, upon being thus filed, such by-law or resolution shall be taken and deemed to be and as a part of the charter of such university or college.Formerly: Acts 1905, c.83, s.1.
IN Code § 23-13-10-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 10. Alumni Trustees|23-13-10-1. Election of Alumni Trustees

Sec. 1. Any educational institution, university or college, incorporated under any law of the state of Indiana, may admit to membership in its board of trustees any number of additional trustees, not exceeding four (4), who may be chosen or elected such trustees by the alumni of such institution, university or college, whenever the existing boards of trustees, or their successors in office, may determine such action to be expedient: Provided, That all persons or bodies of persons entitled under the charter of said institution to choose the trustees thereof, shall have first signified their assent to such action. The manner of electing such trustees by such alumni shall, in each instance, be determined by the board of trustees of such educational institution, university or college.Formerly: Acts 1897, c.125, s.1.
IN Code § 23-13-10-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 10. Alumni Trustees|23-13-10-2. Addition or Reduction in Number of Trustees

Sec. 2. Any existing board of trustees of any such institution, university or college may add to or diminish the number of trustees thereof: Provided, The minimum number of such trustees shall be seven (7) and the maximum number twenty-five (25), said reduction or addition to be determined by a two-thirds (2/3) vote of the trustees.Formerly: Acts 1897, c.125, s.2.
IN Code § 23-13-10-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 10. Alumni Trustees|23-13-10-3. Existing Institutions; Accepting Provisions of Chapter

Sec. 3. Whenever the board of trustees of any such institution, university, or college, incorporated under any law of the state of Indiana, which has been pursuing the purposes of its charter since March 6, 1892, shall file with the secretary of state a resolution, duly adopted by such board, signifying formal acceptance of the provisions of this chapter, the same shall be taken and held as part of the original charter of such institution, university, or college.Formerly: Acts 1897, c.125, s.3. As amended by P.L.34-1987, SEC.353.
IN Code § 23-13-11-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 11. Merger, Consolidation, and Use of Assumed Common Names|23-13-11-1. Adoption of Common Names

Sec. 1. Whenever any boards of trustees or any number thereof, organized before August 17, 1855, under any general or special law of this state for the purpose of establishing a high school, academy, college, or university, may desire to assume a common name, it shall and may be lawful for such board or boards, by resolution, to be entered upon its or their respective record or records, to adopt such common name as shall be agreed upon.Formerly: Acts 1855, c.89, s.1. As amended by P.L.34-1987, SEC.354.
IN Code § 23-13-11-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 11. Merger, Consolidation, and Use of Assumed Common Names|23-13-11-2. Merger and Consolidation of Common Stock or Other Evidence of Property

Sec. 2. Said boards of trustees shall have power and are hereby authorized to merge and consolidate their stock or other means, into one (1) common stock, whether the same shall consist of real estate, moneys, bonds, bills, notes, mortgages or other evidences of property or debts, upon such terms as may be mutually agreed upon.Formerly: Acts 1855, c.89, s.2.
IN Code § 23-13-11-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 11. Merger, Consolidation, and Use of Assumed Common Names|23-13-11-3. Recording Resolution Causing Change of Name

Sec. 3. It shall be the duty of such boards of trustees to cause a copy of the resolutions changing their name and consolidating their property, as above prescribed, to be recorded in the office of the clerk of the circuit court of the county in which such high school, academy, college or university may be located, and a duplicate thereof with the secretary of state.Formerly: Acts 1855, c.89, s.3.
IN Code § 23-13-11-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 11. Merger, Consolidation, and Use of Assumed Common Names|23-13-11-4. Effect of Change

Sec. 4. The change of name and the consolidation of property, as provided in this chapter, shall not be so construed as to deprive such board or boards of trustees of any of the powers and franchises granted in the original act or acts of incorporation, or amendments thereto, nor shall any thing contained in this chapter be so construed as to prevent any such board or boards of trustees so changing their name or names, for all the rights and liabilities which may have accrued previous to changing their name and consolidating their property.Formerly: Acts 1855, c.89, s.4. As amended by P.L.34-1987, SEC.355.
IN Code § 23-13-12-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 12. Borrowing by Educational Institutions|23-13-12-1. Right to Borrow; Security for Loan

Sec. 1. Any incorporated university, college, academy, theological institution, or high school existing on November 1, 1851, under either a special charter or a general law, is hereby authorized to borrow money for the benefit and use of such corporation, and to secure the same by mortgage of any of the property, real or personal, of any such corporation.Formerly: Acts 1855, c.60, s.1. As amended by P.L.34-1987, SEC.356.
IN Code § 23-13-12-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 12. Borrowing by Educational Institutions|23-13-12-2. Increase or Diminution in Number of Directors or Trustees

Sec. 2. Any such corporation may, by a vote of a majority of the board of trustees or directors, or by a vote of the stockholders at any general meeting, if it be a stock corporation, either increase or diminish the number of directors or trustees of such corporation, so that they shall not be less than five (5) nor more than twenty-one (21).Formerly: Acts 1855, c.60, s.2.
IN Code § 23-13-15-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 15. Acquiring, Holding, and Disposing of Real Estate|23-13-15-1. Universities and Colleges; Authorization; Acceptance of Section

Sec. 1. Any university or college, incorporated by and under the laws of the state of Indiana, shall have the right to acquire and hold real estate by donation, devise, or purchase on foreclosure of mortgage given to secure any part of the endowment fund of said university or college, and the same to dispose of for the use and purposes of such university or college, such real estate not to exceed in value the sum of five hundred thousand dollars ($500,000), exclusive of the realty used and occupied for university and college grounds and buildings; provided, that all such real estate shall be disposed of within twenty (20) years after the same has been so acquired; and provided, further, that any such university or college shall, no later than September 9, 1885, file with the secretary of state of Indiana a certified copy of the proceedings of the board of trustees of such university or college accepting the provisions of this section as part of the organic laws of such university or college.Formerly: Acts 1885, c.49, s.1. As amended by P.L.34-1987, SEC.357.
IN Code § 23-13-16-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 16. Holding of Excess Property Legalized|23-13-16-2. Amendment of Charter to Remove Limitations

Sec. 2. Any university or college organized before July 8, 1941, under the laws of the state of Indiana, whether by special law or under general laws, whose charter, whether by virtue of the special law creating such university or college or by virtue of general laws whose provisions have been accepted by it, contains a limitation or limitations upon the amount of property which may be owned by such university or college at any given time, may have and is hereby given the right to amend its charter so as to remove all such limitations by accepting the provisions of this chapter as provided in section 3 of this chapter.Formerly: Acts 1941, c.62, s.2. As amended by P.L.34-1987, SEC.359.
IN Code § 23-13-16-3 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 16. Holding of Excess Property Legalized|23-13-16-3. Procedure to Remove Limitations in Charter

Sec. 3. (a) Any university or college described in section 2 of this chapter desiring to amend its charter so as to remove the limitations upon the amount of property ownership as referred to in section 2 of this chapter and desiring to accept this chapter may do so by the adoption by its board of directors or board of trustees of a resolution to that effect and by filing proof of such adoption, verified by at least a majority of the board, in the office of the secretary of state.(b) The charter shall be deemed amended to remove such limitations as of the date when such proof is filed in the office of the secretary of state.Formerly: Acts 1941, c.62, s.3. As amended by P.L.34-1987, SEC.360; P.L.1-1989, SEC.48.
IN Code § 23-13-16-4 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 16. Holding of Excess Property Legalized|23-13-16-4. Amendment of Charter Provisions Relating to Number of Trustees or Directors; Procedure

Sec. 4. Any university or college organized before July 8, 1941, under the laws of this state, whether by special law or under general laws, whose charter, whether by virtue of the special law creating such university or college or by virtue of general laws whose provisions have been accepted by it, contains provisions concerning the appointment and number of the board of trustees or board of directors of such university or college may have and is hereby given the right to amend its charter in respect to the number of persons on its board of trustees or board of directors by the adoption of a resolution passed by a majority vote of its board to that effect, and by filing proof of such adoption, verified by at least a majority of its directors. The charter shall be deemed to be amended as of the date when such proof is filed in the office of the secretary of state. However, the provision of this section shall not apply to any state college or university.Formerly: Acts 1941, c.62, s.4; Acts 1947, c.30, s.1. As amended by P.L.34-1987, SEC.361; P.L.206-2021, SEC.6.
IN Code § 23-13-19-1 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 19. Wabash College|23-13-19-1. Body Corporate and Politic; Appointment of Faculty; Powers and Duties

Sec. 1. (a) Wabash College is a body corporate and politic that has perpetual succession.(b) The board of trustees of Wabash College shall have power to appoint a faculty in said college consisting of a president, professors, and tutors, as the necessities of the institution may demand. The faculty so appointed, by and with the approbation of the board of trustees, shall have power to grant and confer such degrees in the liberal arts and sciences as are usually granted and conferred in other colleges in the United States. However, no degrees shall be conferred, or diplomas granted, except to students who have acquired the same proficiency in the liberal arts and sciences as is customary in other colleges in the United States.(c) The board of trustees shall also have power to:(1) contract, and be contracted with;(2) acquire, hold, enjoy, and transfer property, real or personal, in their corporate capacity;(3) have and use a common seal, and alter the same at pleasure;(4) sue and be sued, plead and be impleaded, in any court of law or equity;(5) receive and accept any grant, gift, donation, bequest or conveyance, by any person, company, or corporation of any property, real or personal: and hold and enjoy and dispose of the same as may be deemed best for the interests of said college;(6) make, ordain, establish, and execute such bylaws, rules, and ordinances, not inconsistent with the Constitution and laws of the United States, or of this state, as they shall deem necessary for the welfare of said institution; and(7) do all other acts in pursuance thereof necessary for the prosperity of said college.Formerly: Acts 1834, c.18, s.1. As added by Acts 1982, P.L.146, SEC.3.
IN Code § 23-13-19-2 (2021)
2021 Indiana Code|Title 23. Business and Other Associations|Article 13. Educational Institutions|Chapter 19. Wabash College|23-13-19-2. Board of Trustees; Members; Elections; Alumni Trustees

Sec. 2. The board of trustees of Wabash College shall consist of twenty-one (21) members, one (1) of whom shall be the president of the college, and whose term of office as trustee shall be of equal duration with his incumbency of the presidency of the college. The other twenty (20) members shall be elected for a term of four (4) years, in classes of five (5) each year, as the successors of the trustees whose terms of office will expire in that year. A trustee may succeed himself in office. All of such elections shall be by a majority vote of the trustees in office present and voting at the election meeting. However, two (2) trustees in each even-numbered year and one (1) trustee in each odd-numbered year shall be chosen by the alumni of the college by the process provided in section 3 of this chapter and shall be known as "alumni trustees".Formerly: Acts 1834, c.18, s.2; Acts 1851, c.102, s.5; Acts 1901, c.19, s.1,2; Acts 1933, c.197, s.1; Acts 1973, P.L.337, SEC.1; Acts 1978, P.L.153, SEC.1. As added by Acts 1982, P.L.146, SEC.3.