Sec. 4. (a) A proxy for shares of a professional corporation is valid only if it is given to a qualified person of that corporation. (b) A voting trust with respect to shares of a professional corporation is valid only if all the trustees and beneficiaries of the voting trust are qualified persons. As added by P.L.239-1983, SEC.1.
Proxies; voting trusts
Ind. Code § 23-1.5-3-4, under Ownership.
Ind. Code § 23-1.5-3-4