Statutes, codes, and regulations
Kentucky Revised Statutes
Title 23 - PRIVATE CORPORATIONS AND ASSOCIATIONSChapter 271B - BUSINESS CORPORATIONSSubtitle 271B.6 - SHARES AND DISTRIBUTIONS
ISSUANCE OF SHARES
Section 271B.6-280 - Expense of issue

Ky. Rev. Stat. § 271B.6-280

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Current through Acts Received April 24, 2024
Section 271B.6-280 - Expense of issue

A corporation may pay or allow the expenses of selling or underwriting its shares or other securities, and of organizing or reorganizing the corporation, from the consideration received for shares without thereby rendering such shares or other securities not fully paid or assessable.

KRS 271B.6-280

Effective:1/1/1989
Created 1988 Ky. Acts ch. 23, sec. 45, effective1/1/1989.