Indiana Code

Ind. Code § 23-1-36-2 (2026)

Powers and duties

✓ current as of May 2026

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Sec. 2. Each officer has the authority and shall perform the duties set forth in the bylaws or, to the extent consistent with the bylaws, the duties prescribed by the board of directors or by direction of an officer authorized by the board of directors to prescribe the duties of other officers.

As added by P.L.149-1986, SEC.20.

Notes of Decisions

Cited in 2 cases, 1994–2001 · leading case: Galligan v. Galligan, 741 N.E.2d 1217 (Ind. 2001).

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Galligan v. Galligan, 741 N.E.2d 1217 (Ind. 2001). · cites it 8× “See also Ind.Code Ann. § 23-1-36-2 & cmts. (West 1998) (discussing the duties and potential liabilities of officers).”

Winkler v. V.G. Reed & Sons, Inc., 638 N.E.2d 1228 (Ind. 1994). · cites it 2× “See Official comment to Ind.Code Ann. § 23-1-36-2 (1993) pertaining to the personal liability of corporate officers.”

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