2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 17. NONPROFIT CORPORATIONS
CHAPTER 2. Definitions
23-17-2-2. "Approved by the members"

Universal Citation: IN Code § 23-17-2-2 (2018)
IC 23-17-2-2 "Approved by the members"

     Sec. 2. "Approved by the members" means the votes cast favoring an action exceed the votes cast opposing the action:

(1) at a duly held meeting at which a quorum is present; or

(2) by a written ballot or written consent in conformity with this article unless this article, articles of incorporation, or bylaws requires a greater number of affirmative votes.

As added by P.L.179-1991, SEC.1.

 

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