Indiana Statutes
§ 23-1-44-3 — "Fair value"
Indiana § 23-1-44-3
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 1INDIANA BUSINESS CORPORATION LAW
Ch. 44Dissenters' Rights
This text of Indiana § 23-1-44-3 ("Fair value") 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 § 23-1-44-3 (2026).
Text
As used in this chapter, "fair value", with
respect to a dissenter's shares, means the value of the shares
immediately before the effectuation of the corporate action to which the
dissenter objects, excluding any appreciation or depreciation in
anticipation of the corporate action unless exclusion would be
inequitable.
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Related
Fleming v. International Pizza Supply Corp.
676 N.E.2d 1051 (Indiana Supreme Court, 1997)
Lees Inns of America, Inc. v. William R. Lee Irrevocable Trust
924 N.E.2d 143 (Indiana Court of Appeals, 2010)
Galligan v. Galligan
741 N.E.2d 1217 (Indiana Supreme Court, 2001)
Young v. General Acceptance Corp.
738 N.E.2d 1079 (Indiana Court of Appeals, 2000)
Joseph Hipps and Eugene Protz v. Biglari Holdings, Inc., Sardar Biglari, Philip L. Cooley, Ruth J. Person, Kenneth R. Cooper, James P. Mastrian, BH Merger Company, and NBHSA, Inc.
(Indiana Court of Appeals, 2019)
William R. Lee Irrevocable Trust v. Lee (In Re Lee)
898 F.3d 768 (Seventh Circuit, 2018)
William R. Lee Irrevocable Tru v. Lester L. Lee
(Seventh Circuit, 2018)
Legislative History
As added by P.L.149-1986, SEC.28.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-1-44-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-1-44-3.