{"data":{"id":"us-in/ic-8-4-1-7","jurisdiction":"us-in","citation":"IC 8-4-1-7","heading":"Meetings of shareholders; annual report; removal of officers","body":"Sec. 7. At a regular meeting of the stockholders of any such corporation, it shall be the duty of the president and directors in office for the preceding year to exhibit a clear and distinct statement of the affairs of said company; and at any meeting of the stockholders, a majority of those present, in person or by proxy, may require similar statements from the directors, whose duty it shall be to furnish them when thus required: and at all general meetings of the stockholders, a majority in value of the stockholders in such company may remove any president or any director of such company, and elect another in their stead; provided, notice of such intended removal shall have been given as required in sections 5 and 6 of this chapter.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 4. ORGANIZATION AND OPERATION OF RAILROADS","Chapter 1. Incorporation of Railroad Companies"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-4-1-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"90e2075169457281fea5d2ce5a6021d4c0aebac481da4048e1093406b2adc507","source_id":"us-in","stale":false,"prev":"us-in/ic-8-4-1-6","next":"us-in/ic-8-4-1-8"},"notice":"GroundRules: Original legal text. Not legal advice."}