17-1288. Interested shares, defined.
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/ks/chapter-17/17-1288A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-1288. Interested shares, defined. "Interested shares" means the shares of an issuing public corporation with respect to which any of the following persons may exercise or direct the exercise of voting power in the election of directors of the issuing public corporation:
(a)A person or member of a group that makes or proposes to make a control share acquisition.
(b)Any officer of the issuing public corporation.
(c)Any employee of the issuing public corporation who is also a director of the corporation.