{"data":{"id":"us-in/ic-27-1-9-2.5","jurisdiction":"us-in","citation":"IC 27-1-9-2.5","heading":"Definitions relating to merger","body":"Sec. 2.5. (a) As used in section 3 of this chapter, \"participating shares\" means shares that entitle the shareholders to participate without limitation in distributions.\n(b) As used in section 3 of this chapter, \"voting members\" means members or policyholders entitled to vote unconditionally in the election of directors.\n(c) As used in section 3 of this chapter, \"voting shares\" means shares that entitle the shareholders to vote unconditionally in the election of directors.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 9. Merger, Consolidation, and Reinsurance"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-9-2.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"9d84da6b3dc69748afe45d74925518bdcc9955520a13a423141b6a79b4131b44","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-9-2","next":"us-in/ic-27-1-9-3"},"notice":"GroundRules: Original legal text. Not legal advice."}