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§ 28-13-6-7 — Indiana Law | CourtGPT
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  4. Title 28 - Financial Institutions/
  5. Article 13 - Corporate Governance/
  6. Chapter 6 - Voting by Shareholders28-13-6-1. Shareholders' List; Requisites and Necessity; Inspection and Copying/
  7. § 28-13-6-7
Indiana Legal Code

§ 28-13-6-7

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(a) If the articles of incorporation or this article provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 6 of this chapter.(b) If the articles of incorporation or this article provide for voting by two (2) or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 6 of this chapter. A matter may be voted on by one (1) voting group even though no vote is taken by another voting group entitled to vote on the matter.As added by P.L.14-1992, SEC.163.