Ind. Code § 8-1-13-2

This is the official text of Ind. Code § 8-1-13-2, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.

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Incorporation; purpose

Official statutory text

Sec. 2. Any number of natural persons not less than eleven (11) may, by executing, filing and recording articles of incorporation as provided in this chapter, form a corporation not organized for pecuniary profit for the purpose of promoting and encouraging the fullest possible use of electric energy in Indiana by making electric energy available to inhabitants of rural areas of Indiana at the lowest cost consistent with sound economy and prudent management of the business of such corporations and by rendering other services to its members.

Formerly: Acts 1935, c.175, s.2; Acts 1937, c.258, s.1. As amended by P.L.136-2018, SEC.66.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.