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28-13-4-1. Power of Board of Directors to Make Distributions - Sec. 1. A board of directors may authorize and the...
28-13-4-2. Share Dividend or Distribution Dates of Record, Declaration, and Payment - Sec. 2. The board of directors may fix a record...
28-13-4-3. Dividends; Approval of Department Required; Retained Net Income; Exemption From Approval Requirements - Sec. 3. (a) A corporation may declare a dividend of...
28-13-4-4. Withdrawal of Capital Stock Prohibited - Sec. 4. A corporation may not, during the time it...
28-13-4-5. Impairment of Capital Prohibited; Maximum Dividend - Sec. 5. (a) A corporation may not declare or pay...
28-13-4-6. Repealed - As added by P.L.14-1992, SEC.163. Amended by P.L.262-1995, SEC.87; P.L.258-2003,...
28-13-4-7. Protective Order for Increase of Capital and Surplus or Reduction of Deposits; Time Period for Compliance; Increase in Capital by Corporate Fiduciary - Sec. 7. (a) The department may, if the department considers...
28-13-4-8. Repealed - As added by P.L.14-1992, SEC.163. Repealed by P.L.79-1998, SEC.112.
28-13-4-9. Parity of Shareholder Distribution With Corporate Indebtedness to Unsecured Creditors - Sec. 9. A corporation's indebtedness to a shareholder incurred by...