Indiana § 28-13-5-11 - Record date; fixing for shareholder meeting or action; adjournment by order of court
Full text of Indiana Indiana Code § 28-13-5-11 — Record date; fixing for shareholder meeting or action; adjournment by order of court, with citation guidance and answers to common questions.
§ 28-13-5-11. Record date; fixing for shareholder meeting or action; adjournment by order of court
Sec. 11. (a) The bylaws may fix or provide the manner of fixing the record date for at least one (1) voting group to determine the shareholders entitled to notice of a shareholders' meeting, to demand a special meeting, to vote, or to take any other action. If the bylaws do not fix or provide for fixing a record date, the board of directors of the corporation may fix a future date as the record date.
(b) A record date fixed under this section may not be more than seventy (70) days before the meeting or action requiring a determination of shareholders.
(c) A determination of shareholders entitled to notice of or to vote at a shareholders' meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date. The board of directors must fix a new record date if the meeting is adjourned to a date more than one hundred twenty (120) days after the date fixed for the original meeting.
(d) If a court orders a meeting adjourned to a date more than one hundred twenty (120) days after the date fixed for the original meeting, the court may:
(1) provide that the original record date continues in effect; or
(2) fix a new record date.
As added by P.L.14-1992, SEC.163.
IC 28-13-6Chapter 6. Voting by Shareholders
28-13-6-1Shareholders' list; requisites and necessity; inspection and copying 28-13-6-2Voting of shares 28-13-6-3Proxy voting 28-13-6-4Beneficial owner of shares; recognition procedure; disclosure procedure; sanctions to ensure compliance 28-13-6-5Acceptance or rejection of vote, consent, waiver, or proxy appointment; validity of signature 28-13-6-6Separate voting group; action on matter at meeting by less than group majority vote; quorum required for approval; law governing election of directors 28-13-6-7Quorum for voting requirement for shareholders comprising voting groups 28-13-6-8Greater quorum or voting requirements; shareholders or voting groups; provision by articles 28-13-6-9Directors; election by plurality of votes
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-13-5-11
What does Indiana Code § 28-13-5-11 cover?
Section 28-13-5-11 ("Record date; fixing for shareholder meeting or action; adjournment by order of court") 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 § 28-13-5-11?
A common citation format is "Indiana Code § 28-13-5-11" (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 § 28-13-5-11 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.