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2009 Kentucky Revised Statutes
Subtitle 6 Shares and Distributions
271B.6.280 Expense of issue.

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271B.6-280 Expense of issue. A corporation may pay or allow the expenses of selling or underwriting its shares or other <br>securities, and of organizing or reorganizing the corporation, from the consideration <br>received for shares without thereby rendering such shares or other securities not fully paid <br>or assessable. Effective: January 1, 1989 <br>History: Created 1988 Ky. Acts ch. 23, sec. 45, effective January 1, 1989.

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