Sec. 4. (a) If a corporation has members, all the directors except the initial directors shall be elected at the first annual meeting of members and at each annual meeting after the first annual meeting, unless articles of incorporation or bylaws provide:
(1) another time or method of election; or
(2) that some of the directors are designated or appointed by another person.
(b) If a corporation does not have members, all the directors except the initial directors shall be elected, designated, or appointed as provided in articles of incorporation or bylaws. If a method of election, designation, or appointment is not set forth in articles of incorporation or bylaws, the directors other than the initial directors shall be elected by the board of directors.
As added by P.L.179-1991, SEC.1.
Structure Indiana Code
Title 23. Business and Other Associations
Article 17. Nonprofit Corporations
23-17-12-3. Number of Directors; Increase or Decrease in Number
23-17-12-4. Time and Method of Election
23-17-12-8. Removal of Director by Vote of Members
23-17-12-9. Removal of Director by Vote of Directors
23-17-12-11. Religious Corporations; Removal of Directors
23-17-12-12. Removal of Designated or Appointed Directors
23-17-12-13. Removal by Court Order