GroundRules
Ala. Code § 10A-2-6.28: Expense of Issue.
Where this section sits in the code
- Title 10A Alabama Business and Nonprofit Entities Code.
- Chapter 2 Business Corporations.
- Article 6 Shares and Distributions.
- Division B Issuance of Shares.
REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
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.
Collected 2026-09-03T14:01:53Z. Source file · JSON