Ind. Code § 23-1.5-3-4 – Proxies; voting trusts | Midpage

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Ind. Code § 23-1.5-3-4

Proxies; voting trusts

As added by P.L.239-1983, SEC.1.

(a) A proxy for shares of a professional corporation is valid only if it is given to a qualified person of that corporation.
(b) A voting trust with respect to shares of a professional corporation is valid only if all the trustees and beneficiaries of the voting trust are qualified persons.

As added by P.L.239-1983, SEC.1.