Indiana Statutes

§ 23-17-2-28 — "Voting power"

Indiana § 23-17-2-28
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 17NONPROFIT CORPORATIONS
Ch. 2Definitions

This text of Indiana § 23-17-2-28 ("Voting power") 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 § 23-17-2-28 (2026).

Text

(a)"Voting power" means the total number of votes entitled to be cast for the election of directors at the time the determination of voting power is made.
(b)The term does not include a vote that is contingent upon the happening of a condition or an event that has not occurred at the time. If a class is entitled to vote as a class for directors, the determination of voting power of the class shall be based on the percentage of the number of directors the class is entitled to elect out of the total number of authorized directors.

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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
§ 23-0.5-1-4
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 § 23-17-2-28, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-17-2-28.