Indiana § 23-1-39-2 - Bylaws fixing quorum or voting requirements; adoption or amendment by shareholders
Full text of Indiana Indiana Code § 23-1-39-2 — Bylaws fixing quorum or voting requirements; adoption or amendment by shareholders, with citation guidance and answers to common questions.
§ 23-1-39-2. Bylaws fixing quorum or voting requirements; adoption or amendment by shareholders
Sec. 2. (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that fixes a greater quorum or voting requirement for shareholders under subsection (a) may not be adopted, amended, or repealed by the board of directors.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.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 23-1-39-2
What does Indiana Code § 23-1-39-2 cover?
Section 23-1-39-2 ("Bylaws fixing quorum or voting requirements; adoption or amendment by shareholders") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 23-1-39-2?
A common citation format is "Indiana Code § 23-1-39-2" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 23-1-39-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.