1. (a) As used in this chapter, "issuing public corporation" means a corporation that has:

   1. (1) one hundred (100) or more shareholders;
   2. (2) its principal place of business or its principal office in Indiana, or that owns or controls assets within Indiana having a fair market value of more than one million dollars ($1,000,000); and

   3. (3) either:

      1. (A) more than ten percent (10%) of its shareholders resident in Indiana;
      2. (B) more than ten percent (10%) of its shares owned of record or owned beneficially by Indiana residents; or
      3. (C) one thousand (1,000) shareholders resident in Indiana.
2. (b) The residence of a record shareholder is presumed to be the address appearing in the records of the corporation.

As added by P.L.149-1986, SEC.26. Amended by P.L.133-2009, SEC.36.