10 IAC 1.5-1-10

10 IAC 1.5-1-10 "Underlying shares" defined

Last amended: 2025Year: 2027Length: 47 wordsOfficial source

Cite as Ind. Admin. Code tit. 10, r. 1.5-1-10

Sec. 10. "Underlying shares" means the intangible ownership interest or shares of stock of a business association, which are no longer in the possession of the issuer, holder, transfer agent, or broker and the dividends or distributions as a result of the interest have been presumed abandoned.
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