Sec. 24. "Shareholder" means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted pursuant to a recognition procedure or a disclosure procedure established under IC 23-1-30-4.
Ind. Code § 23-1-20-24
"Shareholder"
Known as the Indiana Business Corporation Law
The act spans §§ 23-1-17-1 to 23-1-55-3 (253 sections).
Applied in 2 court decisions — leading case 892 F. Supp. 2d 1076 - Corre Opportunities Fund, LP v. Emmis Communications Corp. (2012)
Most recently applied in Corre Opportunities Fund, LP v. Emmis Communications Corp. (July 2015)
As added by P.L.149-1986, SEC.4
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.