Indiana Statutes
§ 28-13-9-1 — Necessity of board; powers
(a)Each corporation must have a board of
directors.
(b)All corporate powers shall be exercised by or under the authority
of, and the business and affairs of the corporation managed under the
direction of, the corporation's board of directors, subject to any
limitation set forth in the articles of incorporation.
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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
Safe deposits and escrows