Sec. 3. As used in this chapter, "interested shares" means the shares of an issuing public corporation in respect of which any of the following persons may exercise or direct the exercise of the voting power of the corporation in the election of directors:
(1) An acquiring person or member of a group with respect to a control share acquisition.
(2) Any officer of the issuing public corporation.
(3) Any employee of the issuing public corporation who is also a director of the corporation.
As added by P.L.149-1986, SEC.26.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1. Indiana Business Corporation Law
Chapter 42. Control Share Acquisitions
23-1-42-1. "Control Shares" Defined
23-1-42-2. "Control Share Acquisition" Defined
23-1-42-3. "Interested Shares" Defined
23-1-42-4. "Issuing Public Corporation" Defined
23-1-42-5. Voting Rights Under Ic 23-1-42-9
23-1-42-6. Acquiring Person Statement
23-1-42-7. Special Meeting of Shareholders
23-1-42-9. Voting Rights of Acquired Control Shares; Resolution