Indiana Code
Chapter 3. Preemptive Rights─reacquisition and Reissue of Shares
28-13-3-1. Unissued Shares; Acquisition Rights Subject to Articles of Incorporation

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.