reglab/statecodes huggingface dataset:
2023 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.
2023 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.
2023 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(2) the publication and circulation of historical documents;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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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 › 23-10-2-3. Election of Trustees; Notice

Sec. 3. Notice of the first election of trustees shall be given at least ten (10) days before the election by publication in a newspaper of the county, if any be published in the county, otherwise by posting such notices in three (3) public places in the township where such election is to take place, one (1) of which notices shall be posted at the place where the proposed election is to be held. Such notice shall state the time, place and object of such election; and the same shall be held at the usual place of worship or meeting of such society, if any there be. However, at any subsequent election of such trustees, no such notice shall be necessary where such lodge or society shall, in its rules, by-laws or constitution, provide and fix the time and place for the election of its trustees.
Formerly: Acts 1852, 1RS, c.101, s.3; Acts 1895, c.10, s.3. As amended by P.L.136-2018, SEC.134.
2023 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 › 23-10-2-4. Election Certificate; Recording; Duties of Clerk

Sec. 4. Such society, at the first and every subsequent election, shall appoint a clerk thereof, who shall take, count and make a poll-list of the votes given for trustees; and, within ten (10) days thereafter, shall deposit in the recorder's office of the county where the real estate granted is situate, a certificate setting forth the notice of such election, the time and place where the same was held, the name of the society and persons elected as trustees thereof; and the recorder of such county shall record the same among the records of deeds in his office.
Formerly: Acts 1852, 1RS, c.101, s.4.
2023 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 › 23-10-2-5. Certificate; Conclusive and Presumptive Evidence

Sec. 5. As between such society, the trustees thereof, and all other persons claiming under them, and any person granting real estate thereto, and all persons claiming under him, such certificate shall be conclusive evidence of the matters and things therein recited; and as between such society, the trustees thereof, and all persons claiming under them, and all other persons, it shall be presumptive evidence of such matters.
Formerly: Acts 1852, 1RS, c.101, s.5.
2023 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 › 23-10-2-6. Succession of Trustees

Sec. 6. Such trustees shall severally hold their offices until their successors are duly chosen according to the rules of such society; and any society, by a majority vote, at a meeting of one-third (1/3) of the resident members thereof notice being given as aforesaid, may remove such trustees, and elect others in their stead.
Formerly: Acts 1852, 1RS, c.101, s.6.
2023 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 › 23-10-2-7. By-Laws

Sec. 7. Such society, or the trustees thereof, when organized for that purpose, may establish all necessary by-laws to carry out the objects of its organization.
Formerly: Acts 1852, 1RS, c.101, s.7.
2023 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 › 23-10-2-8. Selection of Appointment of Trustees According to Custom

Sec. 8. Any society may select or appoint trustees according to its common usage or custom, if they desire it; but a certificate of such selection or appointment, and the record of the same, as in case of their election, shall not be dispensed with.
Formerly: Acts 1852, 1RS, c.101, s.8.
2023 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 › 23-10-2-9. Powers of Trustees

Sec. 9. Such trustees shall be deemed a body politic and corporate, under such name and style as the society may elect; and, by that name, shall have power to contract, sue, be contracted with and sued with like effect as other persons or corporations.
Formerly: Acts 1852, 1RS, c.101, s.9.
2023 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 › 23-10-2-10. Change of Corporate Name

Sec. 10. Such society may, at any meeting, by giving ten (10) days' notice of the time and purpose thereof, change their corporate name; but the name chosen by such society shall not be assumed until a record has first been made of the fact in the recorder's office of the proper county. Such change shall not affect the rights or liabilities of the society or of other persons or parties.
Formerly: Acts 1852, 1RS, c.101, s.10.
2023 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 › 23-10-2-11. Receiving and Holding Conveyances of Land

Sec. 11. The trustees chosen as provided in this chapter, after record of their election or appointment is made in the recorder's office of the proper county, shall have power and authority, as such trustees, to receive conveyances of lands, whether the same be by purchase, gift or otherwise, and to hold the same to their successors, as such trustees, in perpetuity, for the sole and exclusive benefit of such society and for the uses declared in such conveyance or grant.
Formerly: Acts 1852, 1RS, c.101, s.11. As amended by P.L.136-2018, SEC.135.
2023 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 › 23-10-2-12. Acquiring and Possessing of Personal Property

Sec. 12. Such trustees and their successors in office may also acquire and possess personal property for the use of any such society, and may appropriate the same, and the income or interest thereof, and all other funds and incomes in their hands as such trustees, for the purposes designated by such society, not inconsistent with the trust.
Formerly: Acts 1852, 1RS, c.101, s.12; Acts 1925, c.68, s.1.
2023 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 › 23-10-2-13. Sale or Other Disposition of Corporate Property

Sec. 13. Such trustees, to more effectually carry out the objects of their trust, may sell, loan or otherwise dispose of their corporate property; and any conveyance thereof by such trustees, or a majority of them, in behalf of such society, shall vest in the purchaser of the same, all the right, title and interest thereto; but the provisions of this section shall not be construed to affect any gift, bequest or devise to such society, or to trustees for its use, nor to defeat the intentions of the grantor, donor or testator.
Formerly: Acts 1852, 1RS, c.101, s.13.
2023 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 › 23-10-2-14. Revival of Dissolved Corporation

Sec. 14. When any society within the meaning of this chapter shall have been dissolved from any cause, a majority of the persons interested in the society may revive the same, within five (5) years after such dissolution, by electing a new board of trustees, and making record of such election in the recorder's office of the proper county, as provided in this chapter. And whenever, from any cause, any church or religious society holding and possessing property within the meaning of this chapter shall have been dissolved, the annual or quarterly conference, or other ecclesiastical body to which such church or religious society is directly subordinate, shall have power to appoint trustees, in accordance with the customs and usages of said church, to take charge and control of the property of said church or society until it shall be revived as contemplated by this chapter.
Formerly: Acts 1852, 1RS, c.101, s.14; Acts 1855, c.107, s.1. As amended by P.L.34-1987, SEC.338; P.L.136-2018, SEC.136.