Indiana Statutes
§ 23-1-28-2 — Record date, declaration date, and payment date
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 1 INDIANA BUSINESS CORPORATION LAW·Ch. 28 Distributions to Shareholders
The board of directors may fix a record date,
declaration date, and payment date with respect to any share dividend
or distribution to a corporation's shareholders. If the board of directors
does not fix the record date for determining shareholders entitled to a
distribution (other than one involving a repurchase or reacquisition of
shares), it is the date the board of directors authorizes the distribution.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 23-1-28-2 (Record date, declaration date, and payment date) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.149-1986, SEC.12.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"