State Codes and Statutes
Statutes > Alabama > Title10 > Chapter2B > 10-2B-6_28Section 10-2B-6.28
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.
(Acts 1994, No. 94-245, p. 343, §1.)