Maryland Statutes
§ 2-305
Maryland § 2-305
This text of Maryland § 2-305 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Corporations and Associations § 2-305 (2026).
Text
The corporation may pay or allow out of the consideration received by it for its stock, the reasonable charges and expenses of its organization or reorganization and the reasonable compensation for the sale or underwriting of its stock, without rendering the stock not full paid and nonassessable and without impairing the stated capital.
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Bluebook (online)
Maryland § 2-305, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gca/2-305.