414E-1 Definitions.

§414E-1 Definitions. As used in this chapter, unless the context otherwise requires: “Acquiring person” means a person who is required to deliver an information statement. “Beneficial ownership” shall be determined pursuant to section 13 of the federal Securities Exchange Act of 1934 and the rules adopted thereunder, as amended. “Control share acquisition” means an acquisition […]

414E-2 Control share acquisitions.

§414E-2 Control share acquisitions. (a) Unless otherwise expressly provided in the articles of incorporation of an issuing public corporation, this section applies to a control share acquisition. (b) All shares acquired by an acquiring person in violation of subsection (e) shall be denied voting rights for one year after acquisition. The shares shall be nontransferable […]