Indiana Code § 23-14-76-4

Voluntary election of application of business corporation and nonprofit corporation law
Open in Lexace · Ask the AI about this section
Sec. 4. (a) Before January 1, 1998, a cemetery association may elect to have the provisions of IC 23-1 or IC 23-17 apply permanently to the cemetery association, irrespective of whether the cemetery association has issued shares of stock.       (b) A cemetery association electing to have IC 23-1 apply to the cemetery association may: (1) incorporate or reincorporate under IC 23-1 ; or (2) if the cemetery association is a corporation, comply with the following procedures: (A) The board of directors or trustees must adopt a resolution electing to have the provisions of IC 23-1 apply to the cemetery association. (B) The resolution must specify a date (before January 1, 1998) after which the provisions of IC 23-1 will apply to the cemetery association. (C) The resolution must be filed with the secretary of state before the date specified under clause (B).       (c) A cemetery association electing to have IC 23-17 apply to the cemetery association may: (1) incorporate or reincorporate under IC 23-17 ; or (2) if the cemetery association is a corporation, accept the provisions of IC 23-17 by taking the actions set forth in IC 23-17-1-1 .   IC 23-14-77 Chapter 77. Vaults Used to Encase Human Remains               23-14-77-1 Disclosure requirement             23-14-77-2 Class B infraction

‹ Prev All Indiana sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.