Sec. 12. A plan of reorganization is approved under this chapter upon the affirmative vote of at least a majority of the votes cast by eligible members either in person or by proxy.
Ind. Code § 27-14.5-2-12
Required vote of members in favor of plan of reorganization
As added by P.L.226-2023, SEC.30.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.