Expenses Payable From Consideration Received for Shares

  1. Law
  2. Indiana Code
  3. Financial Institutions
  4. Corporate Governance
  5. Issuance of Shares
  6. Expenses Payable From Consideration Received for Shares

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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.


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