{"data":{"id":"us-in/ic-24-4-27.5-8","jurisdiction":"us-in","citation":"IC 24-4-27.5-8","heading":"\"Proxy advisory service\"","body":"Sec. 8. (a) As used in this chapter, \"proxy advisory service\" means any of the following services that are provided in connection with an entity or are provided to any person in Indiana:\n(1) Advice or a recommendation on how to vote on an entity proposal or proxy proposal.\n(2) Proxy statement research and analysis regarding an entity proposal or proxy proposal.\n(3) Development of proxy voting recommendations or policies, including establishing default recommendations or policies.\n(b) The term does not include a charitable organization if:\n(1) the charitable organization's gross annual revenue attributable to proxy advisory services is less than five hundred thousand dollars ($500,000); and\n(2) each affiliated group of the charitable organization has a combined gross annual revenue attributable to proxy advisory services that is less than five hundred thousand dollars ($500,000), if applicable.","path":["TITLE 24. TRADE REGULATION","ARTICLE 4. REGULATED BUSINESSES","Chapter 27.5. Proxy Advisors"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-4-27.5-8","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"b795c5c0ae492f5e06b2db119e0c0d9a6400f0421fa765cb511dc0f21ab1075b","source_id":"us-in","stale":false,"prev":"us-in/ic-24-4-27.5-7","next":"us-in/ic-24-4-27.5-9"},"notice":"GroundRules: Original legal text. Not legal advice."}