Section 27-1-9-2.5 - Definitions relating to merger(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.