A surviving corporation or successor corporation formed under this chapter may, out of any funds available for that purpose, purchase:(1) any obligations issued by the surviving corporation or successor corporation; and(2) any accrued interest on the obligations;at a price determined by resolution of the board. Any obligation described in this section shall be cancelled upon its purchase by the surviving corporation or successor corporation.As added by P.L.18-2010, SEC.1.
Indiana Legal Code