Indiana § 15-12-1-18 - Board of directors; election; terms
Full text of Indiana Indiana Code § 15-12-1-18 — Board of directors; election; terms, with citation guidance and answers to common questions.
§ 15-12-1-18. Board of directors; election; terms
Sec. 18. Except as otherwise provided in this chapter, the directors:
(1) shall be elected by the members at the annual meeting of the members; and
(2) may, if provided in the bylaws, be elected for terms of office that expire at different times.
A term of office may not continue for longer than three (3) years. In the absence of a provision in the bylaws for terms of office, each director, except the first board of directors, shall be elected for a term of one (1) year and hold office until the director's successor is elected and qualified. The first board of directors, as named in the articles of incorporation, shall hold office until the first annual meeting of the members.
[Pre-2008 Recodification Citation: 15-7-1-11(b).]
As added by P.L.2-2008, SEC.3.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 15-12-1-18
What does Indiana Code § 15-12-1-18 cover?
Section 15-12-1-18 ("Board of directors; election; terms") 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 § 15-12-1-18?
A common citation format is "Indiana Code § 15-12-1-18" (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 § 15-12-1-18 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.