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2021 Kentucky Revised Statutes
Chapter 271B - Business corporations
Subtitle 271B.6 - Shares and Distributions
271B.6-280 Expense of issue.

Universal Citation: KY Rev Stat § 271B.6-280 (2021)
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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 securities, and of organizing or reorganizing the corporation, from the consideration received for shares without thereby rendering such shares or other securities not fully paid or assessable. Effective: January 1, 1989 History: Created 1988 Ky. Acts ch. 23, sec. 45, effective January 1, 1989.
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