17-6411.   Issuance of additional stock by directors, when.At any time and from time to time, if all of the shares of capital stockwhich the corporation is authorized by its articles of incorporation toissue have not been issued, subscribed for or otherwise committed to beissued, the directors may issue or take subscriptions for additional sharesof its capital stock up to the amount authorized in its articles ofincorporation.

      History:   L. 1972, ch. 52, § 38; July 1.