Indiana Statutes

§ 23-17-12-8 — Removal of director by vote of members

Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 17 NONPROFIT CORPORATIONS·Ch. 12 Directors
(a)Members may remove a director elected by the members with or without cause unless articles of incorporation provide otherwise.
(b)Except when otherwise provided in the articles of incorporation, if a director is elected by:
(1)a class, chapter, or other organizational unit; or
(2)region or other geographic grouping; the director may be removed only by the members of the class, chapter, unit, or grouping entitled to vote.
(c)Except as provided in section 10 of this chapter, a director may be removed under subsection (a) or (b) only if the number of votes cast to remove the director would be sufficient to elect the director at a meeting to elect directors.
(d)If cumulative voting is authorized, a director may not be removed if:
(1)the number of votes; or
(2)the director was electe

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Legislative History

As added by P.L.179-1991, SEC.1. Amended by P.L.96-1993, SEC.9.

Nearby Sections

15
§ 23-0.5-1-1
Short title
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Application
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Delivery of record
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"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
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"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
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"Governing person"
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"Interest holder"
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