Sec. 6. (a) The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.
(b) The bylaws of a corporation may contain any provision for managing the business and regulating the affairs of the corporation that is not inconsistent with law or the articles of incorporation.
As added by P.L.149-1986, SEC.5.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1. Indiana Business Corporation Law
23-1-21-1. Incorporators; Filing Articles of Incorporation
23-1-21-2. Articles of Incorporation; Contents
23-1-21-3. Date of Corporate Existence; Filing of Articles as Evidence of Valid Existence
23-1-21-4. Persons Acting on Behalf of Nonexistent Corporation; Liability
23-1-21-5. Organizational Meeting
23-1-21-7. Emergency Bylaws; Events Constituting Emergency; Authorized Actions