Indiana § 15-12-1-43 - Vote by existing cooperatives for governance under chapter
Full text of Indiana Indiana Code § 15-12-1-43 — Vote by existing cooperatives for governance under chapter, with citation guidance and answers to common questions.
§ 15-12-1-43. Vote by existing cooperatives for governance under chapter
Sec. 43. (a) A corporation or an association organized under statutes in effect before February 23, 1925, may by a majority vote of its stockholders or members, elect to be governed by this chapter by:
(1) limiting its stockholders or membership; and
(2) adopting the other restrictions provided in this chapter.
(b) The corporation or association shall make out in duplicate a statement signed and sworn to by its directors specifying that the corporation or association has, by a majority vote of the stockholders or members:
(1) decided to accept the benefits of and be bound by this chapter; and
(2) authorized the changes.
Articles of incorporation must be filed as required in section 12 of this chapter, except that the articles of incorporation must be signed by the current members of the board of directors. The filing fee is the same as for filing an amendment to articles of incorporation.
[Pre-2008 Recodification Citation: 15-7-1-23.]
As added by P.L.2-2008, SEC.3. Amended by P.L.86-2008, SEC.7.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 15-12-1-43
What does Indiana Code § 15-12-1-43 cover?
Section 15-12-1-43 ("Vote by existing cooperatives for governance under chapter") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 15-12-1-43?
A common citation format is "Indiana Code § 15-12-1-43" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 15-12-1-43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.