Business Organizations Code § 21.172
A corporation may use money received for its shares to pay reasonable organization, reorganization, sale, or underwriting expenses without making the shares not fully paid and nonassessable.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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financing expenses organization expenses reorganization expenses
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Business Organizations Code § 21.172
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