Expenses payable from consideration received for shares

Ind. Code § 23-1-26-9, under Issuance of Shares.

Ind. Code § 23-1-26-9

Sec. 9. A corporation may pay the expenses of selling or underwriting its shares, and of organizing or reorganizing the corporation, from the consideration received for shares. As added by P.L.149-1986, SEC.10.