Election of directors; voting groups; classes of shares

Ind. Code § 28-13-9-4
in effect
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Sec. 4. (a) If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of at least one (1) authorized class of shares. (b) Each class of shares entitled to elect at least one (1) director is a separate voting group for purposes of the election of directors. As added by P.L.14-1992, SEC.163.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026

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