Ind. Code § 28-13-14-7

Current through P.L. 171-2024

Section 28-13-14-7 - Vote required

Unless this article, the articles of incorporation, or the board of directors acting under section 5 of this chapter requires a greater vote or a vote by voting groups, the amendment to be adopted must be approved by:

(1) a majority of the votes entitled to be cast on the amendment by any voting group with respect to which the amendment would create dissenters' rights; and

(2) the votes required by IC 28-13-6-6 and IC 28-13-6-7 by every other voting group entitled to vote on the amendment.

IC 28-13-14-7

As added by P.L. 14-1992, SEC.163.