Statutes, codes, and regulations
Indiana Code
Title 23 - BUSINESS AND OTHER ASSOCIATIONSArticle 17 - NONPROFIT CORPORATIONS
Chapter 21 - DISTRIBUTIONS
Section 23-17-21-1 - Prohibited distributions

Ind. Code § 23-17-21-1

Download
PDF
Current through P.L. 171-2024
Section 23-17-21-1 - Prohibited distributions

Except as authorized under section 2 of this chapter, a corporation may not make distributions.

IC 23-17-21-1

As added by P.L. 179-1991, SEC.1.