Arkansas Statutes

§ 4-26-606 — Payment of expenses of organization, reorganization, financing, etc

Arkansas § 4-26-606

This text of Arkansas § 4-26-606 (Payment of expenses of organization, reorganization, financing, etc) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 4-26-606 (2026).

Text

The reasonable charges and expenses of organization or reorganization of a corporation and the reasonable expenses of and compensation for the sale or underwriting of its shares may be paid or allowed by the corporation out of the consideration received by it in payment for its shares without rendering such shares not fully paid and nonassessable.

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Legislative History

Acts 1965, No. 576, § 22; A.S.A. 1947, § 64-207.

Nearby Sections

15
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Bluebook (online)
Arkansas § 4-26-606, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/4-26-606.