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. IC 28-13-3 Chapter 3. Preemptive Rights─Reacquisition and Reissue of Shares 28-13-3-1 Unissued shares; acquisition rights subject to articles of incorporation 28-13-3-2 Security convertible into or carrying right to subscribe for or acquire shares; election to have preemptive rights; applicable principles 28-13-3-3 Acquisition of own shares by corporation; reduction of authorized shares; contents of articles; treasury shares; unlawful reduction of shares producing insolvency
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