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Ind. Code § 28-13-9-4

Election of directors; voting groups; classes of shares

Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective

Elections & Government Ethics
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Ind. Code § 28-13-9-4, Election of directors; voting groups; classes of shares, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1667050
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Sec. 4. (a) If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of at least one (1) authorized class of shares. (b) Each class of shares entitled to elect at least one (1) director is a separate voting group for purposes of the election of directors.