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Ohio · Through 1955-10-11 (House Bill 70 - 101st General Assembly)

Ohio Rev. Code § 1701.29: Organizing and financing expenses.

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Where this section sits in the code
  1. Title 17 Corporations-Partnerships
  2. Chapter 1701 General Corporation Law

A corporation may pay as cost of organization or reorganization the reasonable expenses incident thereto, and it may also pay or allow reasonable expenses, compensation, or discount for the sale, underwriting, or purchase of any of its shares; such payment or allowance shall not have the effect of rendering shares not fully paid and nonassessable.

Collected 2026-09-14T19:24:29Z. Source file · JSON

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