IC 27-15-5-6: Proxy voting

Sec. 6. Notwithstanding IC 27-1-7-9, a member may vote by proxy only if:

(1) the proxy was solicited and obtained from the member for the express purpose of voting on the plan of conversion and the amendment to the articles of incorporation; and

(2) the proxy solicitation materials were provided to and approved by the commissioner before they were mailed or provided to the member.