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§ 28-13-15-2 — Indiana Law | CourtGPT
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  4. Title 28 - Financial Institutions/
  5. Article 13 - Corporate Governance/
  6. Chapter 15 - Amendment of Bylaws28-13-15-1. Authority to Amend or Repeal/
  7. § 28-13-15-2
Indiana Legal Code

§ 28-13-15-2

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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that fixes a greater quorum or voting requirement for shareholders under subsection (a) may not be adopted, amended, or repealed by the board of directors.As added by P.L.14-1992, SEC.163.