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Indiana Code Title 28. Financial Institutions § 28-13-14-7

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 7. 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.

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Cite this article: FindLaw.com - Indiana Code Title 28. Financial Institutions § 28-13-14-7 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-28-financial-institutions/in-code-sect-28-13-14-7/

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