Section 27-14.5-1-5 - "Acting in concert"(a) Subject to subsection (b), "acting in concert" means:(1) a knowing participation in a joint activity whether or not under an express agreement;(2) interdependent conscious parallel action toward a common goal under an express agreement or otherwise; or(3) a combination or pooling of voting interests or other interests in the securities of any person for a common purpose under any contract, understanding, relationship, agreement, or other arrangement, written or otherwise.(b) An employee benefit plan is acting in concert with:(2) a person who serves in a capacity similar to a trustee; solely for the purpose of determining whether capital stock held by the trustee or the person in a similar capacity and capital stock held by the plan will be aggregated.
Added by P.L. 226-2023,SEC. 30, eff. 5/1/2023.