Indiana Code 28-13-7-4. Irrevocable trust extension; duties of voting trustee
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Terms Used In Indiana Code 28-13-7-4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Trustee: A person or institution holding and administering property in trust.
Sec. 4. If an irrevocable voting trust is extended in accordance with section 3 of this chapter, the voting trustee must deliver copies of the extension agreement and list of beneficial owners to the corporation‘s principal office. An extension agreement binds only those parties signing it.
As added by P.L.14-1992, SEC.163.