Statutes, codes, and regulations
Indiana Code
Title 28 - FINANCIAL INSTITUTIONSArticle 13 - CORPORATE GOVERNANCE
Chapter 2 - ISSUANCE OF SHARES
Section 28-13-2-9 - Expenses payable from consideration received for shares

Ind. Code § 28-13-2-9

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Current through P.L. 171-2024
Section 28-13-2-9 - Expenses payable from consideration received for shares

A corporation may pay the expenses of:

(1) selling or underwriting the corporation's shares; and
(2) organizing or reorganizing the corporation;

from the consideration received for shares.

IC 28-13-2-9

As added by P.L. 14-1992, SEC.163.