Amendment or withdrawal of plan to issue stock

Ind. Code § 27-14.5-3-3
in effect
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Sec. 3. A board of directors that adopts a plan to issue stock under this chapter may amend or withdraw the plan at any time before the effective date by a vote of not less than two-thirds (2/3) of the members of the board of directors. However, after the commissioner has approved a plan to issue stock, the plan may not be amended unless the commissioner approves the amendment. As added by P.L.226-2023, SEC.30.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026

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Ind. Code § 27-14.5-3-3 — Amendment or withdrawal of plan to issue stock | Indiana Code (Aug. 2026 snapshot) | Corpus