Indiana Statutes
§ 28-13-5-2 — Special meeting; corporations with more than 50 shareholders
Indiana § 28-13-5-2
This text of Indiana § 28-13-5-2 (Special meeting; corporations with more than 50 shareholders) 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 § 28-13-5-2 (2026).
Text
(a)A corporation with more than fifty (50)
shareholders must hold a special meeting of shareholders on call of the
corporation's board of directors or the person or persons, including
shareholders or officers, specifically authorized to do so by the articles
of incorporation or bylaws.
(b)If the articles of incorporation require the holding of a special
meeting on the demand of the corporation's shareholders, but do not
specify the percentage of votes entitled to be cast on an issue necessary
to demand a special meeting, the board of directors may establish the
percentage in the corporation's bylaws. Absent adoption of a bylaw
provision, the demand for a special meeting must be made by the
holders of all of the votes entitled to be cast on an issue.
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Legislative History
As added by P.L.14-1992, SEC.163.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
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Bluebook (online)
Indiana § 28-13-5-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-13-5-2.