§ 23-17-10-5 — Notice of meetings

(a) A corporation shall give notice of
meetings of members in a fair and reasonable manner.
(b) A notice that conforms to the requirements of subsection (c) is
fair and reasonable. However, other means of giving notice may also
be fair and reasonable when all the circumstances are considered if
notice of matters referred to in subsection (c)(2) is given as provided
in subsection (c).
(c) Unless fair and reasonable notice is otherwise specified in a
corporation's bylaws, notice is fair and reasonable if the following
occur:
(1) The corporation notifies the corporation's members of the
place, date, and time of each annual, regular, and special meeting
of members not less than ten (10) days, or, if notice is mailed by
other than first class or registered mail, thirty (30) days to sixty
(60) days, before the meeting date.
(2) Notice of an annual or a regular meeting includes a
description of any matter or matters to be considered at the
meeting that must be approved by the members under IC 23-17-13-2.5, IC 23-17-16-13, IC 23-17-17-5, IC 23-17-19-4, IC 23-17-20-2, or IC 23-17-22-2.
(3) Notice of a special meeting includes a description of the
purpose for which the meeting is called.
(4) A corporation provides notice by:
(A) communicating in person;
(B) mail or other method of delivery; or
(C) other electronic means capable of verification.
(5) For a corporation, other than a veteran's organization, having
more than one thousand (1,000) members, notice of the place,
date, and time of an annual, a regular, or a special meeting, and
in the case of a special meeting, the purpose of the special
meeting, may be given by one (1) publication in a newspaper of
general circulation, printed in English, in the county in which the
corporation has the corporation's principal office if the publication
is made not less than ten (10) days and not more than thirty (30)
days before the meeting date.
(d) Unless the bylaws require otherwise, if an annual, a regular, or
a special meeting of members is adjourned to a different date, time, or
place, notice is not required to be given of the new date, time, or place
if the new date, time, or place is announced at the meeting before
adjournment. If a new record date for the adjourned meeting is or must
be fixed under section 7 of this chapter, however, notice of the
adjourned meeting must be given under this section to persons who are
members as of the new record date.

Legislative History

As added by P.L.179-1991, SEC.1. Amended by P.L.110-2008, SEC.4.