Effective: January 1, 1997
Latest Legislation: House Bill 538 - 121st General Assembly
For its own governance, the board of directors may adopt bylaws not inconsistent with the law of this state, the articles of incorporation, or the code of regulations. Without limiting their generality, the bylaws may include provisions with respect to:
(A) The time and place of holding, the manner of and authority for calling, giving notice of, and conducting meetings of the board of directors;
(B) The appointment of committees of the board of directors, their authority, and the time, place, and manner of calling, giving notice of, and conducting their meetings.