Sec. 29. No member of any cooperative corporation shall be liable or responsible for its debts or liabilities. Formerly: Acts 1951, c.193, s.31. IC 8-1-17.5 Chapter 17.5. Merger or Consolidation of Rural Electric Membership Corporations and Telephone Cooperative Corporations 8-1-17.5-1 "Commission" 8-1-17.5-2 "Communications service" 8-1-17.5-3 "Patronage capital" 8-1-17.5-4 "Retail electric service" 8-1-17.5-5 "Successor corporation" 8-1-17.5-6 "Surviving corporation" 8-1-17.5-7 Authority to merge or consolidate; status of surviving or successor corporation 8-1-17.5-8 Plan of merger or consolidation; contents 8-1-17.5-9 Approval of plan by members; notice of meeting 8-1-17.5-10 Articles of merger or consolidation; contents; filing with secretary of state; articles of incorporation; abandonment of plan before filing 8-1-17.5-11 Legal status of merging or consolidating corporations; property; liabilities and obligations; pending proceedings; terms not included in articles 8-1-17.5-12 Board of directors; election of directors; terms; districts; remuneration for services; reimbursement; officers 8-1-17.5-13 Powers of board 8-1-17.5-14 Certificates of membership; meetings of members; notice; quorum; election of directors from districts 8-1-17.5-15 Requirements for membership 8-1-17.5-16 Members not liable for debts or liabilities of corporation; director acting in good faith not personally liable 8-1-17.5-17 Powers of surviving or successor corporation; authorized services 8-1-17.5-18 Enumerated powers of surviving or successor corporation 8-1-17.5-19 Disposal of all of the corporation's property; authorization of members and directors required 8-1-17.5-20 Authority to issue obligations; sale of obligations 8-1-17.5-21 Issuing of obligations; right to make covenants and agreements 8-1-17.5-22 Right of corporation to purchase its own obligations; cancellation upon purchase 8-1-17.5-23 Articles of dissolution; filing with secretary of state; contents; winding up of business; remaining assets 8-1-17.5-24 Corporation to provide reasonably adequate service; reasonable and just charges; return of excess revenues to members; Rural Utility Service borrowers 8-1-17.5-25 Jurisdiction of commission 8-1-17.5-26 Right to appeal 8-1-17.5-27 Applicability of nonprofit corporation law
‹ 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.