IC 23-1-54
Chapter 54. Miscellaneous Provisions
IC 23-1-54-1
Repealed
(Repealed by P.L.107-1987, SEC.51.)
IC 23-1-54-2
Preemptive rights in existence under prior law
Sec. 2. Shareholders' preemptive rights in existence on July 31,
1987 (or on the date specified by a resolution of the board of
directors of a corporation adopted under IC 23-1-17-3(b)), under
prior law continue in effect as created under prior law. However, if
the corporation's articles of incorporation are amended under this
article with respect to preemptive rights, then all shareholders'
preemptive rights are subject to this article after the amendment is
effective.
As added by P.L.149-1986, SEC.38.
IC 23-1-54-3
Indiana business law survey commission
Sec. 3. (a) The Indiana business law survey commission is
established for the purpose of considering recommendations to the
general assembly, from time to time, concerning amendments to this
article, IC 23-17, or any other corporation, limited liability company,
or partnership laws, or new or additional legislation affecting
corporations, limited liability companies, partnerships, or other
business entities (domestic or foreign) authorized to do business or
doing business in Indiana.
(b) The commission consists of fourteen (14) members, appointed
by the governor, who shall serve without compensation and without
reimbursement for expenses. The secretary of state also shall serve
as an ex officio member.
(c) The commission shall conduct its proceedings and affairs
according to such rules as it may prescribe.
(d) The commission may publish official comments.
As added by P.L.145-1988, SEC.9. Amended by P.L.226-1989,
SEC.3; P.L.179-1991, SEC.26; P.L.8-1993, SEC.306; P.L.130-2006,
SEC.20.