Sec. 1. Any university, college or other institution of learning heretofore organized and now existing under special enactments of the general assembly of the state of Indiana, constituting the charter of the institution, or which now is or hereafter may be organized under the general laws of the state of Indiana, may provide that the board of directors, trustees or other governing or administrative body thereof may from time to time be elected by such board of directors instead of by stockholders or otherwise.
Formerly: Acts 1909, c.52, s.1.
Structure Indiana Code
Title 23. Business and Other Associations
Article 13. Educational Institutions
23-13-5-1. Election of Governing or Administrative Body by Board of Directors
23-13-5-2. Articles of Association; Contents
23-13-5-3. Procedure for Accepting Provisions of Chapter
23-13-5-4. Perpetual Existence; Merger
23-13-5-5. Assignment of Capital Stock of Institution to Board of Directors or Trustees
23-13-5-6. Purchasing Shares of Dissatisfied Stockholders; Determination of Value
23-13-5-7. Nonappearing Stockholders; Determination of Value of Shares