§ 23-1-27-1 Preemptive rights
§ 23-1-27-2 Corporation acquiring its own shares

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Terms Used In Indiana Code > Title 23 > Article 1 > Chapter 27 - Subsequent Acquisition of Shares by Shareholders and Corporation

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5