Ind. Code § 23-2-3.1-5.5
Definitions; application of section
Indiana · Indiana Code Title 23 — Business and Other Associations · Status: effective
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- Ind. Code § 23-2-3.1-5.5, Definitions; application of section, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1652604
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Sec. 5.5.
(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.
(b) This section applies to:
(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) a person who is not a citizen of the United States.
(c) This section does not apply to the initiation of a new business in Indiana by a person subject to this section.
(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.
(e) The statement filed under subsection (d) must state the following:
(1) The financial sources to be used by the person in the takeover offer.
(2) The proposed consummation date of the takeover.