Indiana § 23-1-43-24 - Interested shareholder on January 7, 1986; application of chapter

Full text of Indiana Indiana Code § 23-1-43-24 — Interested shareholder on January 7, 1986; application of chapter, with citation guidance and answers to common questions.

§ 23-1-43-24. Interested shareholder on January 7, 1986; application of chapter

Sec. 24. This chapter does not apply to any business combination with an interested shareholder who was an interested shareholder on January 7, 1986.

As added by P.L.149-1986, SEC.27.

IC 23-1-44Chapter 44. Dissenters' Rights

23-1-44-1"Corporation" 23-1-44-2"Dissenter" 23-1-44-3"Fair value" 23-1-44-4"Interest" 23-1-44-4.5"Preferred shares" 23-1-44-5"Record shareholder" 23-1-44-6"Beneficial shareholder" 23-1-44-7"Shareholder" 23-1-44-8Right to dissent and obtain payment for shares 23-1-44-9Dissenters' rights of beneficial shareholder 23-1-44-10Proposed action creating dissenters' rights; notice 23-1-44-11Proposed action creating dissenters' rights; assertion of dissenters' rights 23-1-44-12Dissenters' notice; contents 23-1-44-13Demand for payment and deposit of shares by shareholder 23-1-44-14Uncertificated shares; restriction on transfer; dissenters' rights 23-1-44-15Payment to dissenter 23-1-44-16Failure to take action; return of certificates; new action by corporation 23-1-44-17Withholding payment by corporation; corporation's estimate of fair value; after-acquired shares 23-1-44-18Dissenters' estimate of fair value; demand for payment; waiver 23-1-44-19Court proceeding to determine fair value; judicial appraisal 23-1-44-20Costs; fees; attorney's fees

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 23-1-43-24

What does Indiana Code § 23-1-43-24 cover?

Section 23-1-43-24 ("Interested shareholder on January 7, 1986; application of chapter") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 23-1-43-24?

A common citation format is "Indiana Code § 23-1-43-24" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 23-1-43-24 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.