Indiana Statutes
§ 23-2-3.1-8.6 — Exempt acquisitions; notice and hearing to precede order
Indiana § 23-2-3.1-8.6
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 2SECURITIES AND FRANCHISES
Ch. 3.1Takeover Offers
This text of Indiana § 23-2-3.1-8.6 (Exempt acquisitions; notice and hearing to precede order) 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 § 23-2-3.1-8.6 (2026).
Text
6.
(a)The provisions of sections 2 through 7
of this chapter do not apply to the following:
(1)An acquisition by an offeror, if the instant transaction and all
acquisitions of equity securities of the same class during the
preceding twelve (12) months by the offeror or any of its affiliates
do not exceed two percent (2%) of that class.
(2)An acquisition of equity securities of a target company having
seventy-five (75) or fewer holders of record of equity securities at
the time of the takeover offer.
(3)An acquisition determined by order of the commissioner to be
a takeover offer that is not made for the purpose of, and not
having the effect of, changing or influencing the control of a
target company.
(b)An order may only be adopted under subsection (a)(3) of this
section after a heari
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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 § 23-2-3.1-8.6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-2-3.1-8.6.