Indiana § 23-1-52-5 - Use and distribution of information
Full text of Indiana Indiana Code § 23-1-52-5 — Use and distribution of information, with citation guidance and answers to common questions.
§ 23-1-52-5. Use and distribution of information
Sec. 5. (a) The use and distribution of any information acquired from records inspected or copied under the rights granted by this chapter or by IC 23-1-30-1 are restricted solely to the proper purpose described with particularity under section 2(c) of this chapter.
(b) This section applies whether the use and distribution are by the shareholder, the shareholder's agent or attorney, or any person who obtains the information (directly or indirectly) from the shareholder or agent or attorney.
(c) The shareholder, the shareholder's agent or attorney, and any other person who obtains the information shall use reasonable care to ensure that the restrictions imposed by this section are observed.
As added by P.L.149-1986, SEC.36.
IC 23-1-53Chapter 53. Reports
23-1-53-1Annual financial statements 23-1-53-2Repealed 23-1-53-3Repealed 23-1-53-4Repealed
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 23-1-52-5
What does Indiana Code § 23-1-52-5 cover?
Section 23-1-52-5 ("Use and distribution of information") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 23-1-52-5?
A common citation format is "Indiana Code § 23-1-52-5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 23-1-52-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.