1. (a) The definitions in IC 23-1-20 apply to this section, except to the extent of any conflict with section 1 of this chapter.

2. (b) This section applies to:

   1. (1) a foreign corporation incorporated under a law other than the law of the United States or any state of the United States (as defined in IC 1-1-4-1 ); or
   2. (2) a person who is not a citizen of the United States.
3. (c) This section does not apply to the initiation of a new business in Indiana by a person subject to this section.
4. (d) Notwithstanding any other provision of this title, a person subject to this section may not make a takeover offer unless the person files a statement with the commissioner under this subsection.

5. (e) The statement filed under subsection (d) must state the following:

   1. (1) The financial sources to be used by the person in the takeover offer.
   2. (2) The proposed consummation date of the takeover.

As added by P.L.229-1989, SEC.5.