§ 28-13-5-1 — Annual meeting requisites

(a) A corporation must hold a meeting of the
shareholders annually at a time stated in or fixed in accordance with the
bylaws.
(b) Annual meetings of shareholders shall be held at the principal
office of the corporation, or in the city, town, or county in which the
principal office is located at the place stated in or fixed in accordance
with the bylaws. If no place is stated in or fixed in accordance with the
bylaws, annual meetings shall be held at the corporation's principal
office.
(c) The failure to hold an annual meeting at the time stated in or
fixed in accordance with a corporation's bylaws does not affect the
validity of any action taken by the corporation.
(d) If the articles of incorporation or bylaws so provide, any or all
shareholders may participate in an annual shareholders' meeting by, or
through the use of, any means of communication by which all
shareholders participating may simultaneously communicate with each
other during the meeting. A shareholder participating in a meeting by
this means is considered to be present in person at the meeting.

Legislative History

As added by P.L.14-1992, SEC.163.