Indiana § 28-13-2-9 - Expenses payable from consideration received for shares
Full text of Indiana Indiana Code § 28-13-2-9 — Expenses payable from consideration received for shares, with citation guidance and answers to common questions.
§ 28-13-2-9. Expenses payable from consideration received for shares
Sec. 9. A corporation may pay the expenses of:
(1) selling or underwriting the corporation's shares; and
(2) organizing or reorganizing the corporation;
from the consideration received for shares.
As added by P.L.14-1992, SEC.163.
IC 28-13-3Chapter 3. Preemptive Rights─Reacquisition and Reissue of Shares
28-13-3-1Unissued shares; acquisition rights subject to articles of incorporation 28-13-3-2Security convertible into or carrying right to subscribe for or acquire shares; election to have preemptive rights; applicable principles 28-13-3-3Acquisition of own shares by corporation; reduction of authorized shares; contents of articles; treasury shares; unlawful reduction of shares producing insolvency
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-13-2-9
What does Indiana Code § 28-13-2-9 cover?
Section 28-13-2-9 ("Expenses payable from consideration received for shares") 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 § 28-13-2-9?
A common citation format is "Indiana Code § 28-13-2-9" (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 § 28-13-2-9 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.