Indiana Code 15-12-1-5. “Member”
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Sec. 5. As used in this chapter, “member” means the following:
(2) With respect to an association having capital stock, the term means the holders of voting stock of the association.
(1) With respect to a nonstock membership association, the term means those persons admitted in accordance with the bylaws of the association.
Terms Used In Indiana Code 15-12-1-5
- association: means any corporation organized under or governed by this chapter. See Indiana Code 15-12-1-4
[Pre-2008 Recodification Citation: 15-7-1-2(b).]
As added by P.L.2-2008, SEC.3.