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. As added by P.L.14-1992, SEC.163.
Unissued shares; acquisition rights subject to articles of incorporation
Ind. Code § 28-13-3-1, under Preemptive Rights─Reacquisition and Reissue of Shares.
Ind. Code § 28-13-3-1