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23-1-28-1. Distributions - Sec. 1. A board of directors may authorize and the...
23-1-28-2. Record Date, Declaration Date, and Payment Date - Sec. 2. The board of directors may fix a record...
23-1-28-3. Prohibited Distributions - Sec. 3. A distribution may not be made if, after...
23-1-28-4. Basis for Determination That Distribution Not Prohibited - Sec. 4. The board of directors may base a determination...
23-1-28-5. Measuring Effect of Distribution; Date - Sec. 5. The effect of a distribution under section 3...
23-1-28-6. Indebtedness to Shareholder; Priority - Sec. 6. A corporation's indebtedness to a shareholder incurred by...