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222 chapters · 1,895 sections in this title.
Ind. Code § 23-18-5-8 Distributions in kind
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Sec. 8. (a) Except as provided in the operating agreement, a member, regardless of the nature of the member's contribution, does not have a right to demand and receive a distribution from a limited liability company in a form other than cash. (b) Except as provided in the operati…
Ind. Code § 23-18-5-9 Status of member entitled to receive distribution
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Sec. 9. At the time a member becomes entitled to receive a distribution, the member has the status of and is entitled to all remedies available to a creditor of the limited liability company with respect to the distribution. As added by P.L.8-1993, SEC.301.
Ind. Code § 23-19-5-1 Fraudulent or deceitful acts
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Sec. 1. It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly: (1) to employ a device, scheme, or artifice to defraud; (2) to make an untrue statement of a material fact or to omit to state a material fact necessary in …
Ind. Code § 23-19-5-10 Rescission offers
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Sec. 10. A purchaser, seller, or recipient of investment advice may not maintain an action under section 9 of this chapter if: (1) the purchaser, seller, or recipient of investment advice receives in a record, before the action is instituted: (A) an offer stating the respect in w…