Sec. 1. (a) A corporation may amend the corporation's articles of incorporation at any time to add or change a provision that is required or permitted to be in the articles of incorporation or to delete a provision not required to be in the articles of incorporation. Whether a provision is required or permitted to be in the articles of incorporation is determined as of the effective date of the amendment.
(b) A shareholder of the corporation does not have a vested property right resulting from any provision in the articles of incorporation or authorized to be in the bylaws by this article or the articles of incorporation, including provisions relating to management, control, capital structure, dividend entitlement, or purpose or duration of the corporation.
As added by P.L.14-1992, SEC.163.
Structure Indiana Code
Title 28. Financial Institutions
Article 13. Corporate Governance
Chapter 14. Amendment of Articles of Incorporation
28-13-14-1. Authority to Amend; Restriction on Shareholder Vested Rights
28-13-14-2. Adoption Without Shareholder Approval
28-13-14-3. Proposal Authorized
28-13-14-4. Submission of Proposal to Shareholders; Recommendation; Approval Vote
28-13-14-5. Conditions of Submission to Shareholders
28-13-14-8. Voting by Class or a Series of Shares
28-13-14-8.5. Purchase Price of Stock
28-13-14-9. Adoption Before Issuance of Shares
28-13-14-10. Articles of Amendment; Contents
28-13-14-11. Articles of Amendment; Form
28-13-14-13. Change of Corporate Name; Record of Articles of Amendment
28-13-14-15. Articles of Restatement; Form
28-13-14-16. Adopted Restated Articles; Superseding Original Articles and Amendments
28-13-14-17. Restated Articles of Incorporation; Certification
28-13-14-18. Effect of Amendment on Existing Rights, Causes of Action, and Proceedings