Indiana Statutes
§ 23-17-12-10 — Removal of director by vote of directors; reasons set forth in articles of incorporation or in bylaws
If at the beginning of a director's term on
the board of directors articles of incorporation or bylaws provide that
the director may be removed for reasons set forth in the articles of
incorporation or bylaws, the board of directors may remove the director
for the reasons. The director may be removed only if a majority of the
directors then in office votes for the removal.
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Indiana § 23-17-12-10 (Removal of director by vote of directors; reasons set forth in articles of incorporation or in bylaws) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.179-1991, SEC.1.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 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"