17-2330. Capital stock.
50 words·~1 min read·
/ks/chapter-17/17-2330A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-2330. Capital stock. No such corporation shall be organized with a capital stock of less than twenty-five thousand dollars ($25,000), which shall be paid into the treasury of the corporation in cash before the corporation shall be authorized to transact any business other than such as relates to its organization.