§629. 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. [PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]
SECTION HISTORY
PL 2001, c. 640, §A2 (NEW). PL 2001, c. 640, §B7 (AFF).
Structure Maine Revised Statutes
TITLE 13-C: MAINE BUSINESS CORPORATION ACT
Chapter 6: SHARES AND DISTRIBUTIONS
Subchapter 2: ISSUANCE OF SHARES
13-C §621. Subscription for shares before incorporation
13-C §623. Liability of shareholders
13-C §626. Form and content of certificates
13-C §627. Shares without certificates
13-C §628. Restriction on transfer of shares and other securities