Indiana Code 28-8-4-9. Key shareholder
Current as of: 2023 | Check for updates
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Note: This version of section effective until 1-1-2024. See also following repeal of this chapter, effective 1-1-2024.
(1) a person who owns; or
Sec. 9. As used in this chapter, “key shareholder” means:
Terms Used In Indiana Code 28-8-4-9
- applicant: means a person filing an application for a license under this chapter. See Indiana Code 28-8-4-2
- person: means an individual or an organization. See Indiana Code 28-8-4-17
(2) a group of persons acting as a unit that own;
at least twenty-five percent (25%) of a class of an applicant‘s stock.
As added by P.L.42-1993, SEC.85.