§ 10-18-7-1 Purposes
§ 10-18-7-2 Powers
§ 10-18-7-3 Officers; treasurer’s bond; election of officers; corporation’s books
§ 10-18-7-4 Use of property
§ 10-18-7-5 Authority to hold and manage funds in trust; trusts created by will
§ 10-18-7-6 Nonsectarian and nondiscriminatory requirements
§ 10-18-7-7 Issuing stock; stock transfer; canceled stock
§ 10-18-7-8 Board of trustees’ duties
§ 10-18-7-9 Perpetual existence; stock and property not taxable
§ 10-18-7-10 Bylaws
§ 10-18-7-11 Articles of incorporation
§ 10-18-7-12 Filing articles of incorporation
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Terms Used In Indiana Code > Title 10 > Article 18 > Chapter 7 - Memorial Corporations

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Personal property: All property that is not real property.
  • Personal property: includes goods, chattels, evidences of debt, and things in action. See Indiana Code 1-1-4-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5