Voting agreement
Known as the Indiana Business Corporation Law
The act spans §§ 23-1-17-1 to 23-1-55-3 (253 sections).
Applied in 2 court decisions — leading case 892 F. Supp. 2d 1076 - Corre Opportunities Fund, LP v. Emmis Communications Corp. (2012)
Most recently applied in Corre Opportunities Fund, LP v. Emmis Communications Corp. (July 2015)
As added by P.L.149-1986, SEC.15.
Sec. 2. (a) Two (2) or more shareholders may provide for the manner in which they will vote their shares by signing an agreement for that purpose. A voting agreement created under this section is not subject to the provisions of section 1 of this chapter.
(b) A voting agreement created under this section is specifically enforceable.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.