Indiana Statutes
§ 23-5-2-5 — Shares of corporation
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 5 OTHER BUSINESS ASSOCIATIONS·Ch. 2 Boards of Trade, Exchanges, and Chambers of
Every such corporation may, at its discretion,
divide its corporate property into shares and designate and prescribe
the manner and under what conditions the said stock or shares thereof
may be held, sold, transferred, conveyed, voted, retired, cancelled or
forfeited.
Formerly: Acts 1875, c.5, s.5; Acts 1913, c.295, s.2.
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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"