Sec. 2. Except as provided in a corporation's articles of incorporation or bylaws, a corporation may admit members for either of the following: (1) No consideration. (2) Consideration determined by the board of directors. As added by P.L.179-1991, SEC.1.
Consideration for admission
Ind. Code § 23-17-7-2, under Members; Admission; Types of Memberships; Rights and Duties.
Ind. Code § 23-17-7-2