Indiana § 27-14.5-2-11 Required contents of proxy solicitation

Indiana Statutes

§ 27-14.5-2-11 — Required contents of proxy solicitation

Indiana § 27-14.5-2-11

Title 27INSURANCE

Art. 14.5MUTUAL INSURANCE HOLDING COMPANY

Ch. 2Mutual Insurance Company Reorganization

This text of Indiana § 27-14.5-2-11 (Required contents of proxy solicitation) 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 § 27-14.5-2-11 (2026).

Text

A person soliciting a proxy from a member shall provide all members with a proxy statement that:

(1)identifies the person soliciting the proxy;

(2)informs the member of the right to vote upon the plan of reorganization and the vote required for approval;

(3)briefly describes the proposed plan of reorganization and any voting capital stock to be offered;

(4)explains the use of any new capital to be raised; and

(5)describes any employee benefit plan or stock option plan.

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A person soliciting a proxy from a member
shall provide all members with a proxy statement that:
(1) identifies the person soliciting the proxy;
(2) informs the member of the right to vote upon the plan of
reorganization and the vote required for approval;
(3) briefly describes the proposed plan of reorganization and any
voting capital stock to be offered;
(4) explains the use of any new capital to be raised; and
(5) describes any employee benefit plan or stock option plan.