23-13-12-2. Increase or diminution in number of directors or trustees

IN Code § 23-13-12-2 (2019) (N/A)
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Sec. 2. Any such corporation may, by a vote of a majority of the board of trustees or directors, or by a vote of the stockholders at any general meeting, if it be a stock corporation, either increase or diminish the number of directors or trustees of such corporation, so that they shall not be less than five (5) nor more than twenty-one (21).

Formerly: Acts 1855, c.60, s.2.