Indiana § 15-12-1-51 - Admitted foreign cooperative associations; rights and restrictions
Full text of Indiana Indiana Code § 15-12-1-51 — Admitted foreign cooperative associations; rights and restrictions, with citation guidance and answers to common questions.
§ 15-12-1-51. Admitted foreign cooperative associations; rights and restrictions
Sec. 51. Any nonprofit cooperative association organized under the agricultural cooperative law of another state and admitted to do business in Indiana:
(1) may transact business as set forth in the certificate of admission issued to the association by the secretary of state;
(2) has the same rights, privileges, powers, and remedies at law or in equity possessed by an association incorporated under this chapter; and
(3) is subject to the same liabilities, restrictions, duties, and penalties imposed on an association incorporated under this chapter.
[Pre-2008 Recodification Citation: 15-7-1-32.]
As added by P.L.2-2008, SEC.3.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 15-12-1-51
What does Indiana Code § 15-12-1-51 cover?
Section 15-12-1-51 ("Admitted foreign cooperative associations; rights and restrictions") 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 § 15-12-1-51?
A common citation format is "Indiana Code § 15-12-1-51" (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 § 15-12-1-51 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.