Indiana § 23-0.6-1-8 Appraisal rights

Indiana Statutes

§ 23-0.6-1-8 — Appraisal rights

Indiana § 23-0.6-1-8

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 0.6UNIFORM BUSINESS ORGANIZATION

Ch. 1General Provisions

This text of Indiana § 23-0.6-1-8 (Appraisal rights) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-0.6-1-8 (2026).

Text

(a)An interest holder of a domestic merging, acquired, converting, or domesticating entity is entitled to appraisal rights in connection with the transaction if the interest holder would have been entitled to appraisal rights under the entity's organic law in connection with a merger in which the interest of the interest holder was changed, converted, or exchanged unless:

(1)the organic law permits the organic rules to limit the availability of appraisal rights; and

(2)the organic rules provide such a limit.

(b)An interest holder of a domestic merging, acquired, converting, or domesticating entity is entitled to contractual appraisal rights in connection with a transaction under this article to the extent provided:

(1)in the entity's organic rules;

(2)in the plan; or

(3)in the case

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(a) An interest holder of a domestic merging,
acquired, converting, or domesticating entity is entitled to appraisal
rights in connection with the transaction if the interest holder would
have been entitled to appraisal rights under the entity's organic law in
connection with a merger in which the interest of the interest holder
was changed, converted, or exchanged unless:
(1) the organic law permits the organic rules to limit the
availability of appraisal rights; and
(2) the organic rules provide such a limit.
(b) An interest holder of a domestic merging, acquired, converting,
or domesticating entity is entitled to contractual appraisal rights in
connection with a transaction under this article to the extent provided:
(1) in the entity's organic rules;
(2) in the plan; or
(3) in the case of a business corporation, by action of its
governing persons.
(c) If an interest holder is entitled to contractual appraisal rights
under subsection (b) and the entity's organic law does not provide
procedures for the conduct of an appraisal rights proceeding, IC 23-1-44 applies to the extent practicable or as otherwise provided in the
entity's organic rules or the plan.