Indiana § 8-4-2-6 - Stock without par value; payment in full
Full text of Indiana Indiana Code § 8-4-2-6 — Stock without par value; payment in full, with citation guidance and answers to common questions.
§ 8-4-2-6. Stock without par value; payment in full
Sec. 6. Any such company authorized by its articles of association or consolidation to have shares of capital stock without par value, may from time to time, issue and sell or otherwise dispose of any such shares for such consideration as may be provided for in said articles, or as may be fixed by the board of directors, pursuant to authority conferred by said articles. When the consideration for which any such shares was authorized to be issued shall have been received by the company, such share shall be deemed to be fully paid and nonassessable.
Formerly: Acts 1933, c.101, s.5.
IC 8-4-3Chapter 3. Size of Board of Directors
8-4-3-1Election
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 8-4-2-6
What does Indiana Code § 8-4-2-6 cover?
Section 8-4-2-6 ("Stock without par value; payment in full") 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 § 8-4-2-6?
A common citation format is "Indiana Code § 8-4-2-6" (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 § 8-4-2-6 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.