Indiana § 28-13-14-7 Vote required

Indiana Statutes

§ 28-13-14-7 — Vote required

Indiana·Art. 13 CORPORATE GOVERNANCE·Ch. 14 Amendment of Articles of Incorporation

Unless this article, the articles of incorporation, or the board of directors acting under section 5 of this chapter requires a greater vote or a vote by voting groups, the amendment to be adopted must be approved by:

(1)a majority of the votes entitled to be cast on the amendment by any voting group with respect to which the amendment would create dissenters' rights; and

(2)the votes required by IC 28-13-6-6 and IC 28-13-6-7 by every other voting group entitled to vote on the amendment.

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Unless this article, the articles of
incorporation, or the board of directors acting under section 5 of this
chapter requires a greater vote or a vote by voting groups, the
amendment to be adopted must be approved by:
(1) a majority of the votes entitled to be cast on the amendment by
any voting group with respect to which the amendment would
create dissenters' rights; and
(2) the votes required by IC 28-13-6-6 and IC 28-13-6-7 by every
other voting group entitled to vote on the amendment.

Indiana § 28-13-14-7 (Vote required) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.