28-13-4-1. Power of board of directors to make distributions

IN Code § 28-13-4-1 (2019) (N/A)
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Sec. 1. A board of directors may authorize and the corporation may make distributions to the corporation's shareholders subject to restriction by the articles of incorporation and the limitations in section 3 of this chapter.

As added by P.L.14-1992, SEC.163.