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2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 5. OTHER BUSINESS ASSOCIATIONS
CHAPTER 2. Boards of Trade, Exchanges, and Chambers of Commerce
23-5-2-5. Shares of corporation
Universal Citation: IN Code § 23-5-2-5 (2018)
IC 23-5-2-5 Shares of corporation
Sec. 5. 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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