Sec. 4. (a) After the election of directors, the association shall record articles of association in the office of the recorder of the county where the proposed fence will be located.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 32-26-1-4

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
     (b) The articles must specify the following:

(1) The name and objects of the association.

(2) The names of the association’s officers for the first year.

(3) The character of the work proposed.

(4) The location where the fence is to be located.

     (c) After recording the articles of association, the association is a body corporate and politic by the name and style adopted, with all the rights, incidents, and liabilities of bodies corporate.

     (d) Any person owning land in the area may at any time become a member of the association by signing the articles of association.

[Pre-2002 Recodification Citation: 32-10-1-4.]

As added by P.L.2-2002, SEC.11.