Ind. Code § 28-13-5-2
Special meeting; corporations with more than 50 shareholders
Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective
Cite this
- Citation
- Ind. Code § 28-13-5-2, Special meeting; corporations with more than 50 shareholders, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1667014
- Permanent ID
ys:prov:1667014@1- SHA-256
e937828c54caccd90cf6d95111d982654279802ff06074a3b95a861c03d2a44d
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Sec. 2.
(a) A corporation with more than fifty (50) shareholders must hold a special meeting of shareholders on call of the corporation's board of directors or the person or persons, including shareholders or officers, specifically authorized to do so by the articles of incorporation or bylaws.
(b) If the articles of incorporation require the holding of a special meeting on the demand of the corporation's shareholders, but do not specify the percentage of votes entitled to be cast on an issue necessary to demand a special meeting, the board of directors may establish the percentage in the corporation's bylaws. Absent adoption of a bylaw provision, the demand for a special meeting must be made by the holders of all of the votes entitled to be cast on an issue.