Sec. 1. (a) At least thirty (30) individuals who are residents of at least two (2) states may organize themselves into a society to locate and conduct a fair in any county in Indiana.
(b) Individuals who have organized a society under subsection (a) may organize themselves into a corporation by filing written articles of incorporation under section 2 of this chapter. The articles must:
(1) be signed by each individual who is a member at the time of organization;
(2) specify the:
(A) purpose of the corporation;
(B) corporate name that is adopted;
(C) name and residential address of each member or stockholder; and
(D) manner in which individuals are appointed or elected to manage the business and concerns of the corporation; and
(3) bear an impression and description of the corporate seal.
[Pre-2008 Recodification Citation: 15-1-2-1.]
As added by P.L.2-2008, SEC.5.