Ind. Code § 23-1-20-24
"Shareholder" means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted pursuant to a recognition procedure or a disclosure procedure established under IC 23-1-30-4 .
As added by P.L.149-1986, SEC.4. Amended by P.L.145-1988, SEC.3.