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2021 Indiana Code
Title 23. Business and Other Associations
Article 10. Fraternal and Other Similar Associations
Chapter 2. Land Acquisition and Construction of Buildings for Benevolent Purposes
23-10-2-13. Sale or Other Disposition of Corporate Property
Universal Citation: IN Code § 23-10-2-13 (2021)
Sec. 13. Such trustees, to more effectually carry out the objects of their trust, may sell, loan or otherwise dispose of their corporate property; and any conveyance thereof by such trustees, or a majority of them, in behalf of such society, shall vest in the purchaser of the same, all the right, title and interest thereto; but the provisions of this section shall not be construed to affect any gift, bequest or devise to such society, or to trustees for its use, nor to defeat the intentions of the grantor, donor or testator.
Formerly: Acts 1852, 1RS, c.101, s.13.
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