Indiana § 15-12-1-14 - Association; merging, consolidating, or dissolving association; amending articles of incorporation
Full text of Indiana Indiana Code § 15-12-1-14 — Association; merging, consolidating, or dissolving association; amending articles of incorporation, with citation guidance and answers to common questions.
§ 15-12-1-14. Association; merging, consolidating, or dissolving association; amending articles of incorporation
Sec. 14. (a) Subject to subsections (b) and (c), an association may amend the association's articles of incorporation, merge or consolidate with one (1) or more other associations or corporations, effect special corporate transactions as described in IC 23-0.6 and IC 23-1, or dissolve by following the procedures specified in IC 23-0.6 and IC 23-1.
(b) An amendment to the articles of incorporation of an association organized under or governed by this chapter or an agreement of merger or consolidation to which an association organized under or governed by this chapter is a party may be adopted:
(1) by the affirmative votes of the majority of the members entitled to vote with respect to the amendment or agreement and voting at the meeting called for that purpose, if the voting rights of the members are equal; or
(2) by the affirmative votes of the majority of the votes cast by the members entitled to vote with respect to the amendment or agreement and voting at the meeting called for that purpose, if the voting rights of the members are not equal.
(c) A special corporate transaction or dissolution of an association organized under or governed by this chapter may be authorized:
(1) by the affirmative votes of three-fourths (3/4) of the members entitled to vote with respect to the transaction or dissolution and voting at the meeting called for that purpose, if the voting rights of the members are equal; or
(2) by the affirmative votes of three-fourths (3/4) of the votes cast by the members entitled to vote with respect to the transaction or dissolution and voting at the meeting called for that purpose, if the voting rights of the members are not equal.
[Pre-2008 Recodification Citation: 15-7-1-8.]
As added by P.L.2-2008, SEC.3. Amended by P.L.156-2023, SEC.3.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 15-12-1-14
What does Indiana Code § 15-12-1-14 cover?
Section 15-12-1-14 ("Association; merging, consolidating, or dissolving association; amending articles of incorporation") 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 § 15-12-1-14?
A common citation format is "Indiana Code § 15-12-1-14" (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 § 15-12-1-14 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.