Voting rights

Sec. 3. (a) In all meetings of stockholders of a society, described in section 1 of this chapter, held for the: (1) election of: (A) trustees; or (B) directors; or (2) purpose of expressing the will of the stockholders by vote on any question; a stockholder is entitled to cast one (1) vote for each share the stockholder owns and has fully paid for. (b) A stockholder is not entitled to vote on more than ten (10) shares in a vote held under subsection (a). [Pre-2008 Recodification Citation: 15-1-5-2.] As added by P.L.2-2008, SEC.5.