Indiana Code
Chapter 2. Issuance of Shares
28-13-2-9. Expenses Payable From Consideration Received for Shares

Sec. 9. 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.
As added by P.L.14-1992, SEC.163.

<< Previous

Structure Indiana Code

Indiana Code

Title 28. Financial Institutions

Article 13. Corporate Governance

Chapter 2. Issuance of Shares

28-13-2-1. Subscription for Shares; Terms; Call for Payment; Nonassessable Shares; Default in Payment

28-13-2-2. Subscription Agreement; Powers of Directors; Consideration; Escrowed or Restricted Shares for Future Services or Benefits

28-13-2-3. Shareholder Liability for Corporate Acts or Indebtedness

28-13-2-4. Pro Rata Shares; Share Dividend or Split; Record Date of Dividend

28-13-2-5. Purchase Rights, Options, or Warrants; Corporate Shares or Other Securities

28-13-2-6. Share Certificates; Contents; Requisites; Validity of Signature

28-13-2-7. Classes or Series of Shares Without Certificates; Furnishing Shareholder Information

28-13-2-8. Shares Subject to Registration or Transfer Restrictions; Previously Issued Shares; Enforcement of Restrictions Against Holder or Transferee

28-13-2-9. Expenses Payable From Consideration Received for Shares