Sec. 7. Except as otherwise provided in the organic law or organic rules of a domestic entity, approval of a transaction under this article by the unanimous vote or consent of its interest holders satisfies the requirements of this article for approval of the transaction.
Ind. Code § 23-0.6-1-7
Approval of transaction
Known as the Uniform Business Organization Transactions Act
The act spans §§ 23-0.6-1-1 to 23-0.6-6-3 (62 sections).
As added by P.L.118-2017, SEC.6.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.