Sec. 3. (a) Unless the articles of incorporation or bylaws provide otherwise, regular meetings of the board of directors may be held without notice of the date, time, place, or purpose of the meeting.
(b) Unless the articles of incorporation or bylaws provide for a longer or shorter period, special meetings of the board of directors must be preceded by at least two (2) days notice of the date, time, and place of the meeting. The notice need not describe the purpose of the special meeting unless required by the articles of incorporation or bylaws.
As added by P.L.14-1992, SEC.163.
Structure Indiana Code
Title 28. Financial Institutions
Article 13. Corporate Governance
Chapter 10. Meetings and Action of Board of Directors
28-13-10-1. Place of Meetings; Participants; Means of Communication; Presumption of Presence
28-13-10-2. Action Taken Without Meeting; Signed Consent; Effect
28-13-10-3. Notice of Meetings
28-13-10-4. Waiver of Required Notice; Attendance or Participation in Meeting
28-13-10-7. Attendance Record; Report; Contents; Incorporation in Minutes of Annual Meeting