Sec. 4. An emergency exists for purposes of this chapter if an extraordinary event prevents a quorum of the corporation's directors from assembling in time to deal with the business for which the meeting has been or is to be called.
Ind. Code § 28-12-10-4
Extraordinary event preventing quorum; continuation of emergency
As added by P.L.14-1992, SEC.162.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.