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2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 1.5. PROFESSIONAL CORPORATIONS
CHAPTER 3. Ownership
23-1.5-3-4. Proxies; voting trusts
Universal Citation: IN Code § 23-1.5-3-4 (2018)
IC 23-1.5-3-4 Proxies; voting trusts
Sec. 4. (a) A proxy for shares of a professional corporation is valid only if it is given to a qualified person of that corporation.
(b) A voting trust with respect to shares of a professional corporation is valid only if all the trustees and beneficiaries of the voting trust are qualified persons.
As added by P.L.239-1983, SEC.1.
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