Indiana Statutes
§ 23-17-2-28 — "Voting power"
(a)"Voting power" means the total number
of votes entitled to be cast for the election of directors at the time the
determination of voting power is made.
(b)The term does not include a vote that is contingent upon the
happening of a condition or an event that has not occurred at the time.
If a class is entitled to vote as a class for directors, the determination of
voting power of the class shall be based on the percentage of the
number of directors the class is entitled to elect out of the total number
of authorized directors.
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Legislative History
As added by P.L.179-1991, 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"