Ind. Code § 27-14.5-3-3

Current through P.L. 171-2024
Section 27-14.5-3-3 - Amendment or withdrawal of plan to issue stock

A board of directors that adopts a plan to issue stock under this chapter may amend or withdraw the plan at any time before the effective date by a vote of not less than two-thirds (2/3) of the members of the board of directors. However, after the commissioner has approved a plan to issue stock, the plan may not be amended unless the commissioner approves the amendment.

IC 27-14.5-3-3

Added by P.L. 226-2023,SEC. 30, eff. 5/1/2023.