Indiana Statutes

§ 23-1-39-2 — Bylaws fixing quorum or voting requirements; adoption or amendment by shareholders

Indiana § 23-1-39-2
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 1INDIANA BUSINESS CORPORATION LAW
Ch. 39Amendment of Bylaws

This text of Indiana § 23-1-39-2 (Bylaws fixing quorum or voting requirements; adoption or amendment by shareholders) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 23-1-39-2 (2026).

Text

(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that fixes a greater quorum or voting requirement for shareholders under subsection (a) may not be adopted, amended, or repealed by the board of directors.

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Legislative History

As added by P.L.149-1986, SEC.23.

Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 23-0.5-1.5-10
"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
§ 23-0.5-1.5-12
"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
§ 23-0.5-1.5-15
"Governing person"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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Bluebook (online)
Indiana § 23-1-39-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-1-39-2.