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.
History. Code 1981, § 14-2-628 , enacted by Ga. L. 1988, p. 1070, § 1.
Structure Georgia Code
Title 14 - Corporations, Partnerships, and Associations
Chapter 2 - Business Corporations
Article 6 - Shares and Distributions
§ 14-2-620. Subscription for Shares Before Incorporation
§ 14-2-621. Issuance of Shares
§ 14-2-622. Liability of Shareholders
§ 14-2-625. Form and Content of Certificates
§ 14-2-626. Shares Without Certificates
§ 14-2-627. Restriction on Transfer of Shares and Other Securities