Sec. 5. 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.
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