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    • Legislation USA
    • District of Columbia Code
    • Title 29 - Business Organizations. [Enacted title]
    • Chapter 3 - Business Corporations
    • Subchapter IV - Shares and Distributions
    • Part B - Issuance of Shares
    • § 29–304.28. Expense of issue

    District of Columbia Code
    Part B - Issuance of Shares
    § 29–304.28. Expense of issue

    A corporation may pay the expenses of selling or underwriting its shares, and of organizing or reorganizing the corporation, from the consideration received for shares.
    (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)

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    Structure District of Columbia Code

    District of Columbia Code

    Title 29 - Business Organizations. [Enacted title]

    Chapter 3 - Business Corporations

    Subchapter IV - Shares and Distributions

    Part B - Issuance of Shares

    § 29–304.20. Subscription for shares before incorporation

    § 29–304.21. Issuance of shares

    § 29–304.22. Liability of shareholders

    § 29–304.23. Share dividends

    § 29–304.24. Share options

    § 29–304.25. Form and content of certificates

    § 29–304.26. Shares without certificates

    § 29–304.27. Restriction on transfer of shares and other securities

    § 29–304.28. Expense of issue

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