Indiana Code 28-13-7-1. Creation of voting trust; requisites
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Sec. 1. At least one (1) shareholder may create a voting trust, conferring on a trustee the right to vote or otherwise act for the shareholders by signing an agreement setting out the provisions of the trust that:
(2) transfer the shareholders’ shares to the trustee.
(1) may include anything consistent with the trust’s purpose; and
Terms Used In Indiana Code 28-13-7-1
- Trustee: A person or institution holding and administering property in trust.
As added by P.L.14-1992, SEC.163. Amended by P.L.1-1993, SEC.211.