Section 10A-2-6.28 (United States)

Section 10A-2-6.28

Published: 2015

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Section 10A-2-6.28

Section 10A-2-6.28Expense of issue.

A corporation may pay the expenses of selling or underwriting its shares, and of organizing or reorganizing the corporation, from the consideration received for shares.

(Acts 1994, No. 94-245, p. 343, §1; §10-2B-6.28; amended and renumbered by Act 2009-513, p. 967, §102.)