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Alabama · Through Act 2026-611

Ala. Code § 10A-2A-6.28: Expense of Issue.

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Where this section sits in the code
  1. Title 10A Alabama Business and Nonprofit Entities Code.
  2. Chapter 2A Alabama Business Corporation Law.
  3. Article 6 Stock and Distributions.
  4. Division B Issuance of Stock.

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

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