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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 9. A director elected by the board of directors may be removed with or without cause by the vote of a majority of the directors then in office, unless a greater number is set forth in articles of incorporation or bylaws. However, a director elected by the board of directors to fill the vacancy of a director elected by the members may be removed without cause by the members but not by the board of directors.
Cite this article: FindLaw.com - Indiana Code Title 23. Business and Other Associations § 23-17-12-9 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-23-business-and-other-associations/in-code-sect-23-17-12-9/
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