Sec. 8. (a) If a special meeting is requested, notice of the special meeting of shareholders shall be given as promptly as reasonably practicable by the issuing public corporation to all shareholders of record as of the record date set for the meeting, whether or not entitled to vote at the meeting.
(b) Notice of the special or annual shareholder meeting at which the voting rights are to be considered must include or be accompanied by both of the following:
(1) A copy of the acquiring person statement delivered to the issuing public corporation pursuant to this chapter.
(2) A statement by the board of directors of the corporation, authorized by its directors, of its position or recommendation, or that it is taking no position or making no recommendation, with respect to the proposed control share acquisition.
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