Current through P.L. 171-2024
Section 27-14.5-2-11 - Required contents of proxy solicitationA person soliciting a proxy from a member shall provide all members with a proxy statement that:
(1) identifies the person soliciting the proxy;(2) informs the member of the right to vote upon the plan of reorganization and the vote required for approval;(3) briefly describes the proposed plan of reorganization and any voting capital stock to be offered; (4) explains the use of any new capital to be raised; and(5) describes any employee benefit plan or stock option plan.Added by P.L. 226-2023,SEC. 30, eff. 5/1/2023.