Sec. 1. The shareholders of a corporation do not have a preemptive right to acquire the corporation's unissued shares except to the extent the articles of incorporation so provide.
Ind. Code § 28-13-3-1
Unissued shares; acquisition rights subject to articles of incorporation
As added by P.L.14-1992, SEC.163.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.