Statutes, codes, and regulations
Indiana Code
Title 28 - FINANCIAL INSTITUTIONSArticle 12 - FORMATION OF BANKS, TRUST COMPANIES, AND BUILDING AND LOAN ASSOCIATIONS
Chapter 10 - EMERGENCY BYLAWS
Section 28-12-10-4 - Extraordinary event preventing quorum; continuation of emergency

Ind. Code § 28-12-10-4

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Current through P.L. 171-2024
Section 28-12-10-4 - Extraordinary event preventing quorum; continuation of emergency

An emergency exists for purposes of this chapter if an extraordinary event prevents a quorum of the corporation's directors from assembling in time to deal with the business for which the meeting has been or is to be called.

IC 28-12-10-4

As added by P.L. 14-1992, SEC.162.