Indiana Statutes
§ 28-13-4-4 — Withdrawal of capital stock prohibited
Indiana § 28-13-4-4
This text of Indiana § 28-13-4-4 (Withdrawal of capital stock prohibited) 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 § 28-13-4-4 (2026).
Text
A corporation may not, during the time it
continues in business as such, withdraw or authorize or permit to be
withdrawn any portion of the capital stock in the form of dividends or
otherwise.
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Legislative History
As added by P.L.14-1992, SEC.163. Amended by P.L.262-1995,
SEC.85; P.L.258-2003, SEC.25.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrowsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 28-13-4-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-13-4-4.