Indiana § 8-4-1-8 Directors; elections; president and other officers; appointment or
election

Indiana Statutes

§ 8-4-1-8 — Directors; elections; president and other officers; appointment or election

Indiana § 8-4-1-8

Art. 4ORGANIZATION AND OPERATION OF

Ch. 1Incorporation of Railroad Companies

This text of Indiana § 8-4-1-8 (Directors; elections; president and other officers; appointment or election) 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 § 8-4-1-8 (2026).

Text

In case it shall happen, at any time, that an
election of directors shall not be made on the day designated by the
bylaws of the company, when it ought to have been made, the
company, for that reason, shall not be dissolved if, within ninety (90)
days thereafter, they shall hold an election for directors in such manner
as shall be provided by the bylaws of the company. There shall be a
president of the company who shall be chosen by and from the
directors, and also such subordinate officers as the company, by its
bylaws, may designate, who may be elected or appointed, and required
to give such security for the faithful performance of the duties of their
offices as the company, by its bylaws, may require; provided, that
nothing contained in this section shall be so construed as to prevent t

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In case it shall happen, at any time, that an
election of directors shall not be made on the day designated by the
bylaws of the company, when it ought to have been made, the
company, for that reason, shall not be dissolved if, within ninety (90)
days thereafter, they shall hold an election for directors in such manner
as shall be provided by the bylaws of the company. There shall be a
president of the company who shall be chosen by and from the
directors, and also such subordinate officers as the company, by its
bylaws, may designate, who may be elected or appointed, and required
to give such security for the faithful performance of the duties of their
offices as the company, by its bylaws, may require; provided, that
nothing contained in this section shall be so construed as to prevent the
stockholders from removing a president and electing another in his
place in the manner prescribed in section 7 of this chapter.
Formerly: Acts 1852, 1RS, c.83, s.7. As amended by
P.L.62-1984, SEC.37.