Section 23-0.6-1.5-4 - "Approve" "Approve" means, in the case of an entity, for its governing persons and interest holders to take whatever steps are necessary under its organic rules, organic law, and other law to:
(1) propose a transaction subject to this article;(2) adopt and approve the terms and conditions of the transaction; and(3) conduct any required proceedings or otherwise obtain any required votes or consents of the governing persons or interest holders.Amended by P.L. 52-2018,SEC. 31, eff. 3/13/2018.Added by P.L. 118-2017,SEC. 6, eff. 1/1/2018.