Indiana Code 28-13-3-1. Unissued shares; acquisition rights subject to articles of incorporation
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Indiana Code 28-13-3-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Sec. 1. The shareholders of a corporation do not have a preemptive right to acquire the corporation’s unissued shares except to the extent the articles of incorporation so provide.
As added by P.L.14-1992, SEC.163.