Indiana § 23-13-12-2 - Increase or diminution in number of directors or trustees
Full text of Indiana Indiana Code § 23-13-12-2 — Increase or diminution in number of directors or trustees, with citation guidance and answers to common questions.
§ 23-13-12-2. Increase or diminution in number of directors or trustees
Sec. 2. Any such corporation may, by a vote of a majority of the board of trustees or directors, or by a vote of the stockholders at any general meeting, if it be a stock corporation, either increase or diminish the number of directors or trustees of such corporation, so that they shall not be less than five (5) nor more than twenty-one (21).
Formerly: Acts 1855, c.60, s.2.
IC 23-13-13Chapter 13. RepealedRepealed by Acts 1982, P.L.1, SEC.71.
IC 23-13-14Chapter 14. RepealedRepealed by Acts 1982, P.L.1, SEC.71.
IC 23-13-15Chapter 15. Acquiring, Holding, and Disposing of Real Estate
23-13-15-1Universities and colleges; authorization; acceptance of section
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 23-13-12-2
What does Indiana Code § 23-13-12-2 cover?
Section 23-13-12-2 ("Increase or diminution in number of directors or trustees") 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 § 23-13-12-2?
A common citation format is "Indiana Code § 23-13-12-2" (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 § 23-13-12-2 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.