Sec. 49. (a) Any nonprofit cooperative association organized under the agricultural cooperative law of any state of the United States other than Indiana and not admitted to do business in Indiana before March 12, 1935, must submit the following to the secretary of state at the secretary of state’s office before transacting any business in Indiana:

(1) A copy of the nonprofit cooperative association’s articles of incorporation, with all amendments to the articles of incorporation. The copy of the nonprofit cooperative association’s articles of incorporation must be authenticated by the proper officer of the state where the nonprofit cooperative association is incorporated.

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Terms Used In Indiana Code 15-12-1-49

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • association: means any corporation organized under or governed by this chapter. See Indiana Code 15-12-1-4
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
  • Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
(2) An application for admission, which must contain the same information as required in the articles of incorporation of an association seeking to be incorporated under this chapter, together with any additional information that the secretary of state may require, which must include a statement of assets and liabilities as of a date not earlier than thirty (30) days before the filing of the application for admission. The information shall be submitted in triplicate originals on forms prescribed by the secretary of state.

(3) The prescribed fees.

     (b) An application submitted under subsection (a) must be signed and verified under oath by:

(1) the president or vice president; and

(2) the secretary or assistant secretary;

of the association.

     (c) The fee for a filing under this section is ten dollars ($10).

[Pre-2008 Recodification Citation: 15-7-1-30.]

As added by P.L.2-2008, SEC.3. Amended by P.L.119-2015, SEC.2.