Sec. 3. (a) In all meetings of stockholders of a society, described in section 1 of this chapter, held for the:
(1) election of:
(A) trustees; or
(B) directors; or
(2) purpose of expressing the will of the stockholders by vote on any question;
a stockholder is entitled to cast one (1) vote for each share the stockholder owns and has fully paid for.
(b) A stockholder is not entitled to vote on more than ten (10) shares in a vote held under subsection (a).