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§ 23-17-12-4 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 23 - Business and Other Associations/
  5. Article 17 - Nonprofit Corporations/
  6. Chapter 12 - Directors23-17-12-1. Necessity of Having Board of Directors; Exercise of Corporate Powers; Management of Corporate Business; Delegation of Powers/
  7. § 23-17-12-4
Indiana Legal Code

§ 23-17-12-4

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(a) If a corporation has members, all the directors except the initial directors shall be elected at the first annual meeting of members and at each annual meeting after the first annual meeting, unless articles of incorporation or bylaws provide:(1) another time or method of election; or(2) that some of the directors are designated or appointed by another person.(b) If a corporation does not have members, all the directors except the initial directors shall be elected, designated, or appointed as provided in articles of incorporation or bylaws. If a method of election, designation, or appointment is not set forth in articles of incorporation or bylaws, the directors other than the initial directors shall be elected by the board of directors.As added by P.L.179-1991, SEC.1.