Indiana Statutes

§ 23-17-7-4 — Rights and duties; membership classes

Indiana § 23-17-7-4
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 17NONPROFIT CORPORATIONS
Ch. 7Members; Admission; Types of Memberships; Rights

This text of Indiana § 23-17-7-4 (Rights and duties; membership classes) 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 § 23-17-7-4 (2026).

Text

Members shall have the same rights and obligations with respect to:

(1)voting;
(2)dissolution;
(3)redemption; and
(4)transfer; unless articles of incorporation or bylaws establish classes of membership with different rights or obligations. Members have the same rights and obligations with respect to any other matters, except as set forth in or authorized by articles of incorporation or bylaws.

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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 § 23-17-7-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-17-7-4.