Exam (elaborations)
CHBO - Spring '24 Questions CHBO - Spring '24 Questions and Answersand Answers
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For Indiana corporations, the occurrence of a Disposition—meaning an Asset Sale or Stock Sale—is governed by the statute IC § 23-1-41-2. By default, the Board of Directors may approve, without shareholder input, any Disposition that is within the Ordinary Course of Business, meaning it l...
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