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§ 23-1-42-5 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 23 - Business and Other Associations/
  5. Article 1 - Indiana Business Corporation Law/
  6. Chapter 42 - Control Share Acquisitions23-1-42-1. "Control Shares" Defined/
  7. § 23-1-42-5
Indiana Legal Code

§ 23-1-42-5

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Unless the corporation's articles of incorporation or bylaws provide that this chapter does not apply to control share acquisitions of shares of the corporation before the control share acquisition, control shares of an issuing public corporation acquired in a control share acquisition have only such voting rights as are conferred by section 9 of this chapter.As added by P.L.149-1986, SEC.26.