Section 29-304.28 - Expense of issue

Expense of issue

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.

CREDIT(S)

(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)

HISTORICAL AND STATUTORY NOTES

Legislative History of Laws
For history of Law 18-378, see notes under § 29-101.01.

Current through September 13, 2012