Indiana Statutes

§ 23-18.1-4-9 — Voting rights

Indiana § 23-18.1-4-9
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 18.1SERIES LIMITED LIABILITY COMPANIES
Ch. 4Formation

This text of Indiana § 23-18.1-4-9 (Voting rights) 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 § 23-18.1-4-9 (2026).

Text

(a)An operating agreement may grant to:
(1)all or certain identified members or managers; or
(2)a specified class or group of members or managers; associated with a series the right to vote separately or with all or any class or group of the members or managers associated with the series, on any matter.
(b)Voting by members or managers associated with a series may be on a per capita, number, financial interest, class, group, or any other basis.
(c)An operating agreement may provide that any member or class or group of members associated with a series has no voting rights.

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Legislative History

As added by P.L.170-2016, SEC.19.

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 § 23-18.1-4-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-18.1-4-9.