Ind. Code § 8-1-17-2

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 cooperative corporation, not organized for pecuniary profit, for the purpose of:

(1) if such corporation be local in its scope, promoting and encouraging the fullest possible use of telephone service in Indiana by making telephone service and educational services incident to telephone service available to inhabitants of rural areas of Indiana at the lowest cost consistent with sound economy and prudent management of the business of the cooperative corporation; or

(2) if such corporation be general in its scope, furnishing engineering, financial, accounting, and/or educational services, incident to telephone service.