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§ 23-1-3-3-5 — Indiana Law | CourtGPT
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  4. Title 23 - Business and Other Associations/
  5. Article 1.3 - Benefit Corporations/
  6. Chapter 3 - Benefit Corporation Status23-1.3-3-1. Incorporation As Benefit Corporation/
  7. § 23-1-3-3-5
Indiana Legal Code

§ 23-1-3-3-5

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(b) If a plan of merger, consolidation, conversion, or share exchange would have the effect of terminating the status of a corporation as a benefit corporation, the plan must be adopted by at least a minimum status vote in order to be effective.As added by P.L.93-2015, SEC.3.