Indiana Statutes
§ 28-13-9-4 — Election of directors; voting groups; classes of shares
(a)If the articles of incorporation authorize
dividing the shares into classes, the articles may also authorize the
election of all or a specified number of directors by the holders of at
least one (1) authorized class of shares.
(b)Each class of shares entitled to elect at least one (1) director is
a separate voting group for purposes of the election of directors.
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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