Ind. Code § 28-13-15-2

Current through P.L. 171-2024
Section 28-13-15-2 - Greater quorum or voting requirements; shareholders meeting; directors prohibited from action
(a) If expressly authorized by the articles of incorporation, the shareholders may adopt or amend a bylaw that fixes a greater quorum or voting requirement for shareholders or voting groups of shareholders than is required by this article.
(b) A bylaw that fixes a greater quorum or voting requirement for shareholders under subsection (a) may not be adopted, amended, or repealed by the board of directors.

IC 28-13-15-2

As added by P.L. 14-1992, SEC.163.