1. (a) In all meetings of stockholders of a society, described in section 1 of this chapter, held for the:

   1. (1) election of:

      1. (A) trustees; or
      2. (B) directors; or

   2. (2) purpose of expressing the will of the stockholders by vote on any question;

      a stockholder is entitled to cast one (1) vote for each share the stockholder owns and has fully paid for.

2. (b) A stockholder is not entitled to vote on more than ten (10) shares in a vote held under subsection (a).

   [Pre-2008 Recodification Citation: 15-1-5-2.]

As added by P.L.2-2008, SEC.5.