Indiana § 23-17-3-9 - Emergency bylaws; effect
Full text of Indiana Indiana Code § 23-17-3-9 — Emergency bylaws; effect, with citation guidance and answers to common questions.
§ 23-17-3-9. Emergency bylaws; effect
Sec. 9. (a) Unless the articles of incorporation provide otherwise, the board of directors of a corporation may adopt bylaws to be effective only in an emergency under subsection (d). Emergency bylaws may make all provisions necessary for managing the corporation during an emergency, including the following:
(1) Procedures for calling a meeting of the board of directors.
(2) Quorum requirements for the meeting.
(3) Designation of additional or substitute directors.
(b) Provisions of regular bylaws consistent with emergency bylaws remain effective during the emergency. Emergency bylaws are not effective after the emergency ends.
(c) Corporate action taken in good faith in accordance with the emergency bylaws:
(1) binds the corporation; and
(2) may not be used to impose liability on a corporate director, officer, employee, or agent.
(d) An emergency exists for purposes of this section if an extraordinary event prevents a quorum of a corporation's directors from assembling in time to deal with the business for which the meeting has been or is to be called.
As added by P.L.179-1991, SEC.1.
IC 23-17-4Chapter 4. Purposes and Powers
23-17-4-1Authorized activities; corporations subject to regulation under other statutes 23-17-4-2Perpetual duration and succession; powers 23-17-4-3Emergency powers of board; procedures; effect 23-17-4-4Challenges based on corporate power to act
Frequently Asked Questions About Indiana § 23-17-3-9
What does Indiana Code § 23-17-3-9 cover?
Section 23-17-3-9 ("Emergency bylaws; effect") 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 § 23-17-3-9?
A common citation format is "Indiana Code § 23-17-3-9" (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 § 23-17-3-9 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.