Sec. 30. (a) For purposes of this article, each of the following, identified as a shareholder in a corporation's current record of shareholders, constitutes one (1) shareholder: (1) Three (3) or fewer coowners. However, if there are four (4) or more coowners, each coowner shall be counted as a shareholder. (2) A corporation, limited liability company, partnership, trust, estate, or other entity. (3) The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account. (b) For purposes of this article, shareholdings registered in substantially similar names constitute one (1) shareholder if it is reasonable to believe that the names represent the same person. IC 23-1-21 Chapter 21. Incorporation 23-1-21-1 Incorporators; filing articles of incorporation 23-1-21-2 Articles of incorporation; contents 23-1-21-3 Date of corporate existence; filing of articles as evidence of valid existence 23-1-21-4 Persons acting on behalf of nonexistent corporation; liability 23-1-21-5 Organizational meeting 23-1-21-6 Bylaws 23-1-21-7 Emergency bylaws; events constituting emergency; authorized actions
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