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2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 5. OTHER BUSINESS ASSOCIATIONS
CHAPTER 2. Boards of Trade, Exchanges, and Chambers of Commerce
23-5-2-4. Rights, powers, and privileges of associations
Universal Citation: IN Code § 23-5-2-4 (2018)
IC 23-5-2-4 Rights, powers, and privileges of associations
Sec. 4. Every such association shall, from the time such articles are filed in the proper recorder's office be deemed and held to be a corporation, and shall have and possess all the rights, powers and privileges given to corporations by common law; to sue and be sued; and to rent, lease, purchase, hold and convey such real and personal property as may be necessary and proper for the purpose of erecting and maintaining buildings thereon and to carry out the objects of any such corporation.
Formerly: Acts 1875, c.5, s.4; Acts 1913, c.295, s.1.
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