"Capital Actually Invested"

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Sec. 2. As used in this chapter, "capital actually invested" includes the following amounts expended by a lessor corporation:

(1) Organization and incorporation expenses.

(2) Financing costs.

(3) Carrying charges.

(4) Legal fees.

(5) Architects' fees.

(6) Contractors' fees.

(7) Reasonable costs and expenses incidental thereto.

[Pre-2006 Recodification Citation: 21-5-11-3 part.]

As added by P.L.2-2006, SEC.170.


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