28-14-5-7. Prohibition on purchases of stock of nonsubsidiaries

IN Code § 28-14-5-7 (2019) (N/A)
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Sec. 7. Except as otherwise authorized by this title, a corporate fiduciary may not purchase any share of stock of a corporation that is not a subsidiary of the corporate fiduciary.

As added by P.L.262-1995, SEC.90.