805 ILCS 5/6.45

Current through Public Act 103-1052
Section 805 ILCS 5/6.45 - Expenses of organization, reorganization, and financing

The reasonable charges and expenses of organization or reorganization of a corporation and reasonable compensation for the sale or underwriting of its shares, may be paid or allowed by such corporation out of the consideration received by it in payment for its shares without thereby rendering such shares not full paid and non-assessable.

805 ILCS 5/6.45

P.A. 83-1025.