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Ind. Code § 28-13-4-4

Withdrawal of capital stock prohibited

Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective

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Ind. Code § 28-13-4-4, Withdrawal of capital stock prohibited, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1667006
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Sec. 4. A corporation may not, during the time it continues in business as such, withdraw or authorize or permit to be withdrawn any portion of the capital stock in the form of dividends or otherwise.