Arkansas Statutes
§ 4-26-606 — Payment of expenses of organization, reorganization, financing, etc
Arkansas·Title 4
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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Arkansas § 4-26-606 (Payment of expenses of organization, reorganization, financing, etc) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1965, No. 576, § 22; A.S.A. 1947, § 64-207.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions