Ind. Code § 8-1-17-16
This is the official text of Ind. Code § 8-1-17-16, 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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Obligations; covenants and agreements to secure
Official statutory text
Sec. 16. In connection with the issuance of any obligations, a cooperative corporation may make such covenants or agreements and do any and all such acts and things as may be necessary, convenient or desirable in order to secure its obligations or which, in the absolute discretion of the board, tend to make the obligations more marketable, notwithstanding that such covenants, agreements, acts and things may constitute a limitation on the exercise of the powers granted under this chapter.
Formerly: Acts 1951, c.193, s.16. As amended by P.L.136-2018, SEC.76.
Formerly: Acts 1951, c.193, s.16. As amended by P.L.136-2018, SEC.76.
Status: in_force · Read it on the official government site
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