Sec. 3. (a) The following entities, upon their compliance with sections 1 and 2 of this chapter, are entitled to receive from the state treasury, out of money in the state general fund not otherwise appropriated, sums of money the general assembly appropriates: (1) The state corn growers' association. (2) The state livestock breeders' association. (3) The state dairymen's association. (b) An appropriation under subsection (a) may be used only for the following purposes: (1) Obtaining speakers for association meetings. (2) Payment of traveling expenses for the speakers and officers of the association. (3) Advertising association meetings. (4) Publishing and distributing an annual report. (5) Obtaining medals, trophies, dies, premium ribbons, awards, postage stamps, and clerical services. An officer may not receive compensation for the officer's services other than the actual expenses incurred in engaging in the business of the association. [Pre-2008 Recodification Citation: 15-5-4-3.] IC 15-14-5 Chapter 5. Agricultural Societies, Associations, and Corporations 15-14-5-1 Application of chapter 15-14-5-2 Powers to borrow money, mortgage property, and issue bonds 15-14-5-3 Authority to sell property, pay obligations, and distribute proceeds to shareholders 15-14-5-4 Dissolution and liquidation
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