Sec. 10. (a) If proposed corporate action creating dissenters' rights under section 8 of this chapter is submitted to a vote at a shareholders' meeting, the meeting notice must state that shareholders are or may be entitled to assert dissenters' rights under this chapter.
(b) If corporate action creating dissenters' rights under section 8 of this chapter is taken without a vote of shareholders, the corporation shall notify in writing all shareholders entitled to assert dissenters' rights that the action was taken and send them the dissenters' notice described in section 12 of this chapter.
As added by P.L.149-1986, SEC.28. Amended by P.L.107-1987, SEC.20.
Structure Indiana Code
Title 23. Business and Other Associations
Article 1. Indiana Business Corporation Law
Chapter 44. Dissenters' Rights
23-1-44-4.5. "Preferred Shares"
23-1-44-5. "Record Shareholder"
23-1-44-6. "Beneficial Shareholder"
23-1-44-8. Right to Dissent and Obtain Payment for Shares
23-1-44-9. Dissenters' Rights of Beneficial Shareholder
23-1-44-10. Proposed Action Creating Dissenters' Rights; Notice
23-1-44-11. Proposed Action Creating Dissenters' Rights; Assertion of Dissenters' Rights
23-1-44-12. Dissenters' Notice; Contents
23-1-44-13. Demand for Payment and Deposit of Shares by Shareholder
23-1-44-14. Uncertificated Shares; Restriction on Transfer; Dissenters' Rights
23-1-44-15. Payment to Dissenter
23-1-44-16. Failure to Take Action; Return of Certificates; New Action by Corporation
23-1-44-18. Dissenters' Estimate of Fair Value; Demand for Payment; Waiver
23-1-44-19. Court Proceeding to Determine Fair Value; Judicial Appraisal