Indiana Statutes
§ 23-1.5-3-4 — Proxies; voting trusts
Indiana § 23-1.5-3-4
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 1.5PROFESSIONAL CORPORATIONS
Ch. 3Ownership
This text of Indiana § 23-1.5-3-4 (Proxies; voting trusts) 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 § 23-1.5-3-4 (2026).
Text
(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.
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Legislative History
As added by P.L.239-1983, SEC.1.
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 § 23-1.5-3-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-1.5-3-4.