"Authorized shares"

Ind. Code § 23-1-20-3
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 3. "Authorized shares" means the shares of all classes that a domestic or foreign corporation is authorized to issue. As added by P.L.149-1986, SEC.4.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/23Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements