Indiana Statutes

§ 28-13-7-1 — Creation of voting trust; requisites

Indiana·Art. 13 CORPORATE GOVERNANCE·Ch. 7 Voting Trusts and Agreements

At least one (1) shareholder may create a voting trust, conferring on a trustee the right to vote or otherwise act for the shareholders by signing an agreement setting out the provisions of the trust that:

(1)may include anything consistent with the trust's purpose; and
(2)transfer the shareholders' shares to the trustee.

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Legislative History

As added by P.L.14-1992, SEC.163. Amended by P.L.1-1993, SEC.211.

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