28-13-2-9. Expenses payable from consideration received for shares

IN Code § 28-13-2-9 (2019) (N/A)
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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.