Sec. 3. This article does not apply to: (1) an agricultural cooperative formed under IC 15-12 , except for purposes of IC 23-0.5-4 ; (2) a business trust formed under IC 23-5-1 , except for purposes of IC 23-0.5-4 ; (3) an insurance company formed under IC 27-1-6 ; or (4) a credit union formed under IC 28-7-1 .
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