Ind. Code § 28-13-4-1

Current through P.L. 171-2024

Section 28-13-4-1 - Power of board of directors to make distributions

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

IC 28-13-4-1

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