Indiana § 23-10-2-12 - Acquiring and possessing of personal property
Full text of Indiana Indiana Code § 23-10-2-12 — Acquiring and possessing of personal property, with citation guidance and answers to common questions.
§ 23-10-2-12. Acquiring and possessing of personal property
Sec. 12. Such trustees and their successors in office may also acquire and possess personal property for the use of any such society, and may appropriate the same, and the income or interest thereof, and all other funds and incomes in their hands as such trustees, for the purposes designated by such society, not inconsistent with the trust.
Formerly: Acts 1852, 1RS, c.101, s.12; Acts 1925, c.68, s.1.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 23-10-2-12
What does Indiana Code § 23-10-2-12 cover?
Section 23-10-2-12 ("Acquiring and possessing of personal property") 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 § 23-10-2-12?
A common citation format is "Indiana Code § 23-10-2-12" (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 § 23-10-2-12 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.