A person soliciting a proxy from a member shall provide all members with a proxy statement that:(1) identifies the person soliciting the proxy;(2) informs the member of the right to vote upon the plan of reorganization and the vote required for approval;(3) briefly describes the proposed plan of reorganization and any voting capital stock to be offered;(4) explains the use of any new capital to be raised; and(5) describes any employee benefit plan or stock option plan.As added by P.L.226-2023, SEC.30.
Indiana Legal Code