Indiana Statutes
§ 23-17-12-3 — Number of directors; increase or decrease in number
(a)A board of directors must consist of at
least three (3) individuals, with the number specified in or fixed in
accordance with articles of incorporation or bylaws.
(b)The number of directors may be increased or decreased, but to
not less than three (3), by an amendment to or in a manner prescribed
in articles of incorporation or bylaws.
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Related
Richard Doermer v. Kathryn Callen
847 F.3d 522 (Seventh Circuit, 2017)
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"