Expense of issue

  1. Law
  2. Maine Revised Statutes
  3. MAINE BUSINESS CORPORATION ACT
  4. SHARES AND DISTRIBUTIONS
  5. ISSUANCE OF SHARES
  6. Expense of issue

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§629. 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.   [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

SECTION HISTORY

PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF).


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