Corporation powers

Ind. Code § 20-25.3-4-1
in effect
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Sec. 1. The corporation, in its corporate name, may do the following: (1) Sue and be sued in a court of competent jurisdiction. (2) Enter into contracts. (3) Acquire and dispose of real, personal, and mixed property by deed, purchase, gift, grant, devise, lease, condemnation, or otherwise. (4) Make and adopt appropriate regulations, orders, rules, and resolutions. (5) Do all things reasonable or necessary to carry out the work and perform the corporation's duties under this chapter. As added by P.L.101-2026, SEC.12.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026