Alabama Statutes
§ 10A-2-6.28 — Expense of Issue
Alabama § 10A-2-6.28
JurisdictionAlabama
Title 10AAlabama Business and Nonprofit Entities Code
Ch. 2Business Corporations
Art. 6Shares and Distributions
Div. BIssuance of Shares
This text of Alabama § 10A-2-6.28 (Expense of Issue) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ala. Code § 10A-2-6.28 (2026).
Text
REPEALED IN THE 2019 REGULAR SESSION BY ACT 2019-94 EFFECTIVE JANUARY 1, 2020. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT.
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.
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Legislative History
(Acts 1994, No. 94-245, p. 343, §1; §10-2B-6.28; amended and renumbered by Act 2009-513, p. 967, §102.)
Nearby Sections
15
§ 10A-1-1.01
Short Title§ 10A-1-1.02
Applicability of Chapter§ 10A-1-1.03
Definitions§ 10A-1-1.04
Disinterested Person§ 10A-1-1.05
Conspicuous Information§ 10A-1-1.06
Synonymous Terms§ 10A-1-1.07
Signing of Document or Other Writing§ 10A-1-1.08
Short Titles§ 10A-1-1.09
Reference in Law to Statute Revised by Title§ 10A-1-1.10
Reservation of Power§ 10A-1-1.11
Law Governing Filing Entities§ 10A-1-1.12
Entities Not Formed by Filing Instrument§ 10A-1-1.13
Internal Affairs§ 10A-1-2.01
General Scope of Permissible Purposes§ 10A-1-2.02
Prohibited PurposesCite This Page — Counsel Stack
Bluebook (online)
Alabama § 10A-2-6.28, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/10A-2-6.28.