Indiana Code § 23-13-12-2

Increase or diminution in number of directors or trustees
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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.   IC 23-13-13 Chapter 13. Repealed   IC 23-13-14 Chapter 14. Repealed   IC 23-13-15 Chapter 15. Acquiring, Holding, and Disposing of Real Estate               23-13-15-1 Universities and colleges; authorization; acceptance of section

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