Ind. Code § 28-13-3-1 – Unissued shares; acquisition rights subject to articles of incorporation | Midpage
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Ind. Code § 28-13-3-1
Unissued shares; acquisition rights subject to articles of incorporation
As added by P.L.14-1992, SEC.163.
The shareholders of a corporation do not have a preemptive right to acquire the corporation's unissued shares except to the extent the articles of incorporation so provide.