Indiana Code 5-20-3-5. Articles of incorporation of mutual housing association; purposes
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Terms Used In Indiana Code 5-20-3-5
- families of low and moderate income: has the meaning set forth in IC 5-20-1-2. See Indiana Code 5-20-3-1
- mutual housing association: refers to a corporation established under section 4 of this chapter. See Indiana Code 5-20-3-3
Sec. 5. A mutual housing association must have as one (1) of its purposes in its articles of incorporation the construction, rehabilitation, development, ownership, or operation (including the management and maintenance of housing) of high quality long term housing for families of low and moderate income.
As added by P.L.69-1989, SEC.3.