493.11 Incorporation fee — computation.
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/ia/chapter-493-stock-without-par-value/493-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purpose of computing the statutory fee for incorporating or for any other statutory provision based on the par value of shares of stock, but for no other purpose, each share of stock without par value shall be considered equivalent to a share having a nominal or par value of one hundred dollars.
[C31, 35, §8419-c11; C39, §8419.11; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §493.11]