Indiana § 28-13-7-5 - Voting agreement; exemption; enforceability
Full text of Indiana Indiana Code § 28-13-7-5 — Voting agreement; exemption; enforceability, with citation guidance and answers to common questions.
§ 28-13-7-5. Voting agreement; exemption; enforceability
Sec. 5. (a) At least two (2) shareholders may provide for the manner in which the shareholders will vote their shares by signing an agreement for that purpose. A voting agreement created under this section is not subject to sections 1 through 4 of this chapter.
(b) A voting agreement created under this section is specifically enforceable.
As added by P.L.14-1992, SEC.163.
IC 28-13-8Chapter 8. Derivative Proceedings
28-13-8-1"Shareholder" defined 28-13-8-2Right to commence proceeding 28-13-8-3Complaint requisites; stay pending corporate investigation 28-13-8-4Discontinuance or settlement of case; approval; notice; payment of defense expenses and fees 28-13-8-5Corporate committee; establishment; powers and duties; determination made independently of board; conclusive presumption on merits; disinterested director or other person
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-13-7-5
What does Indiana Code § 28-13-7-5 cover?
Section 28-13-7-5 ("Voting agreement; exemption; enforceability") 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 § 28-13-7-5?
A common citation format is "Indiana Code § 28-13-7-5" (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 § 28-13-7-5 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.