Ind. Code § 23-1-28-1

Current through P.L. 171-2024

Section 23-1-28-1 - Distributions

A board of directors may authorize and the corporation may make distributions to its shareholders subject to restriction by the articles of incorporation and the limitation in section 3 of this chapter.

IC 23-1-28-1

As added by P.L. 149-1986, SEC.12.