{"data":{"id":"us-in/ic-8-1-17.5-9","jurisdiction":"us-in","citation":"IC 8-1-17.5-9","heading":"Approval of plan by members; notice of meeting","body":"Sec. 9. The board of directors of each corporation that seeks to merge or consolidate with another corporation, as authorized by section 7 of this chapter, must obtain from the corporation's own membership approval of a plan of merger or consolidation that complies with section 8 of this chapter. A corporation that seeks approval from its membership under this section shall give notice to the corporation's members of the place, date, and time of a meeting at which the members may vote on the plan of merger or consolidation. The notice required by this section:\n(1) must be given:\n(A) not less than ten (10) days before the date of the meeting, if the notice is given by first class or registered mail; or\n(B) not less than thirty (30) days or more than sixty (60) days before the date of the meeting, if the notice is given by a method other than that described in clause (A);\n(2) must state that a purpose of the meeting is to consider a plan of merger or consolidation; and\n(3) must include or be accompanied by a copy or summary of the plan of merger or consolidation prepared in compliance with section 8 of this chapter, including a copy or summary of the proposed articles of merger or consolidation, as required by section 8(5) of this chapter.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 1. UTILITIES GENERALLY","Chapter 17.5. Merger or Consolidation of Rural Electric Membership Corporations and Telephone Cooperative Corporations"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-1-17.5-9","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"1b8e49e1e0cbec2e22d5d7488ec05255abf8070c463992ebca81abad792477b8","source_id":"us-in","stale":false,"prev":"us-in/ic-8-1-17.5-8","next":"us-in/ic-8-1-17.5-10"},"notice":"GroundRules: Original legal text. Not legal advice."}
