Indiana § 28-13-2-5 Purchase rights, options, or warrants; corporate shares or other
securities

Indiana Statutes

§ 28-13-2-5 — Purchase rights, options, or warrants; corporate shares or other securities

Indiana § 28-13-2-5

Art. 13CORPORATE GOVERNANCE

Ch. 2Issuance of Shares

This text of Indiana § 28-13-2-5 (Purchase rights, options, or warrants; corporate shares or other securities) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 28-13-2-5 (2026).

Text

A corporation, acting through the corporation's
board of directors, may create or issue rights, options, or warrants for
the purchase of shares or other securities of the corporation or any
successor in interest of the corporation. The board of directors shall
determine the terms upon which the rights, options, or warrants are
issued, their form and content, and the consideration for which the
shares or other securities are to be issued. The rights, options, or
warrants may be issued with or without consideration and may be
issued pro rata.

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A corporation, acting through the corporation's
board of directors, may create or issue rights, options, or warrants for
the purchase of shares or other securities of the corporation or any
successor in interest of the corporation. The board of directors shall
determine the terms upon which the rights, options, or warrants are
issued, their form and content, and the consideration for which the
shares or other securities are to be issued. The rights, options, or
warrants may be issued with or without consideration and may be
issued pro rata.