Indiana § 23-0.5-1.5-30 "Private organic rules"

Indiana Statutes

§ 23-0.5-1.5-30 — "Private organic rules"

Indiana § 23-0.5-1.5-30

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 0.5UNIFORM BUSINESS ORGANIZATIONS CODE

Ch. 1.5Definitions

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Bluebook

Ind. Code § 23-0.5-1.5-30 (2026).

Text

"Private organic rules" means the rules, whether or not in a record, that govern the internal affairs of an entity, are binding on all its interest holders, and are not part of its public organic record, if any. The term includes:

(1)the bylaws of a business corporation;

(2)the bylaws of a nonprofit corporation;

(3)the partnership agreement of a general partnership;

(4)the partnership agreement of a limited partnership; and

(5)the operating agreement of a limited liability company.

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"Private organic rules" means the rules,
whether or not in a record, that govern the internal affairs of an entity,
are binding on all its interest holders, and are not part of its public
organic record, if any. The term includes:
(1) the bylaws of a business corporation;
(2) the bylaws of a nonprofit corporation;
(3) the partnership agreement of a general partnership;
(4) the partnership agreement of a limited partnership; and
(5) the operating agreement of a limited liability company.