Indiana § 23-17-2-28 - "Voting power"
Full text of Indiana Indiana Code § 23-17-2-28 — "Voting power", with citation guidance and answers to common questions.
§ 23-17-2-28. "Voting power"
Sec. 28. (a) "Voting power" means the total number of votes entitled to be cast for the election of directors at the time the determination of voting power is made.
(b) The term does not include a vote that is contingent upon the happening of a condition or an event that has not occurred at the time. If a class is entitled to vote as a class for directors, the determination of voting power of the class shall be based on the percentage of the number of directors the class is entitled to elect out of the total number of authorized directors.
As added by P.L.179-1991, SEC.1.
IC 23-17-3Chapter 3. Organization
23-17-3-1Incorporator filing of articles of incorporation 23-17-3-2Articles of incorporation; required provisions 23-17-3-3Articles of incorporation; optional provisions 23-17-3-4Articles of incorporation; optional corporate powers provisions 23-17-3-5Filing of articles; commencement of existence; proof of satisfaction of conditions precedent 23-17-3-6Purporting to act on behalf of nonexistent corporation; liability 23-17-3-7Organizational meetings 23-17-3-8Bylaws; contents 23-17-3-9Emergency bylaws; effect
Frequently Asked Questions About Indiana § 23-17-2-28
What does Indiana Code § 23-17-2-28 cover?
Section 23-17-2-28 (""Voting power"") 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 § 23-17-2-28?
A common citation format is "Indiana Code § 23-17-2-28" (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 § 23-17-2-28 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.