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§ 27-1-9-2-5 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 1 - Department of Insurance/
  6. Chapter 9 - Merger, Consolidation, and Reinsurance27-1-9-1. Authority to Merge, Consolidate, or Reinsure/
  7. § 27-1-9-2-5
Indiana Legal Code

§ 27-1-9-2-5

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(b) As used in section 3 of this chapter, 'voting members' means members or policyholders entitled to vote unconditionally in the election of directors.(c) As used in section 3 of this chapter, 'voting shares' means shares that entitle the shareholders to vote unconditionally in the election of directors.As added by P.L.185-1997, SEC.4.