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§ 23-1-39-2 — Indiana Law | CourtGPT
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  6. Chapter 39 - Amendment of Bylaws23-1-39-1. Power of Board of Directors/
  7. § 23-1-39-2
Indiana Legal Code

§ 23-1-39-2

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(a) If expressly authorized by the articles of incorporation, the shareholders may adopt or amend a bylaw that fixes a greater quorum or voting requirement for shareholders (or voting groups of shareholders) than is required by this article.(b) A bylaw that fixes a greater quorum or voting requirement for shareholders under subsection (a) may not be adopted, amended, or repealed by the board of directors.As added by P.L.149-1986, SEC.23.