Ind. Code § 28-13-2-9

Expenses payable from consideration received for shares

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

A corporation may pay the expenses of:

  1. (1) selling or underwriting the corporation's shares; and
  2. (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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