Indiana Code 23-2-3.1-3. Statement; filing with commissioner; copy to target company
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Sec. 3. Any offeror, before making a takeover offer, shall:
(2) not later than the filing date of the statements, deliver a copy of each statement to the president of the target company at its principal office.
(1) file any required statements with the commissioner in compliance with sections 5 and 5.5 of this chapter; and
Terms Used In Indiana Code 23-2-3.1-3
- Commissioner: means the securities commissioner as defined in IC 23-19-1-2(4). See Indiana Code 23-2-3.1-1
- Offeror: means a person who makes or in any way participates in making a takeover offer. See Indiana Code 23-2-3.1-1
- Takeover offer: means an offer to acquire or an acquisition of any equity security of a target company, pursuant to a tender offer or request or invitation for tenders, if, after the acquisition, the offeror is directly or indirectly a record or beneficial owner of more than ten percent (10%) of any class of the outstanding equity securities of the target company. See Indiana Code 23-2-3.1-1
- Target company: means an issuer of securities which is organized under the laws of this state, has its principal place of business in this state, and has substantial assets in this state. See Indiana Code 23-2-3.1-1
As added by Acts 1979, P.L.235, SEC.1. Amended by P.L.229-1989, SEC.2.