Ala. Code § 10A-2A-6.28

Current with legislation from 2024 effective through July 1, 2024.

Section 10A-2A-6.28 - Expense 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.

Ala. Code § 10A-2A-6.28 (1975)

Added by Act 2019-94,§ 1, eff. 1/1/2020.