Sec. 2.5. (a) As used in section 3 of this chapter, “participating shares” means shares that entitle the shareholders to participate without limitation in distributions.

     (b) As used in section 3 of this chapter, “voting members” means members or policyholders entitled to vote unconditionally in the election of directors.

     (c) As used in section 3 of this chapter, “voting shares” means shares that entitle the shareholders to vote unconditionally in the election of directors.

As added by P.L.185-1997, SEC.4.