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Ind. Code § 23-1-38-1 Required and permitted changes; vested property rights
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Sec. 1. (a) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted to be in the articles of incorporation or to delete a provision not required to be in the articles of incorporation. Whether a provision is req…
Ind. Code § 23-1-38-2 Amendments by board of directors without shareholder action
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Sec. 2. Unless the articles of incorporation provide otherwise, a corporation's board of directors may adopt one (1) or more amendments to the corporation's articles of incorporation without shareholder action to: (1) extend the duration of the corporation if it was incorporated …
Ind. Code § 23-1-38-3 Proposal of amendment for submission to shareholders; procedure for adoption
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Sec. 3. (a) A corporation's board of directors may propose one (1) or more amendments to the articles of incorporation for submission to the shareholders. (b) For the amendment to be adopted: (1) the board of directors must recommend the amendment to the shareholders unless the b…
Ind. Code § 23-1-38-4 Voting by shareholders
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Sec. 4. (a) The holders of the outstanding shares of a class are entitled to vote as a separate voting group (if shareholder voting is otherwise required by this article) on a proposed amendment if the amendment would: (1) increase or decrease the aggregate number of authorized s…