Code of Virginia § 13.1-650. Expense of issue.
28 words·~1 min read·
/va/title-13-1/chapter-9/13-1-650A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.
1985, c. 522.