Sec. 7. Unless this article, the articles of incorporation, or the board of directors acting under section 5 of this chapter requires a greater vote or a vote by voting groups, the amendment to be adopted must be approved by:
(1) a majority of the votes entitled to be cast on the amendment by any voting group with respect to which the amendment would create dissenters' rights; and
(2) the votes required by IC 28-13-6-6 and IC 28-13-6-7 by every other voting group entitled to vote on the amendment.
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