A corporation may issue rights, options or warrants for the purchase of shares of the corporation. The board of directors shall determine the terms upon which the rights, options or warrants are issued, their form and content, and the consideration for which the shares are to be issued.
Structure West Virginia Code
Chapter 31D. West Virginia Business Corporation Act
Article 6. Shares and Distributions
§31D-6-602. Terms of Class or Series Determined by Board of Directors
§31D-6-603. Issued and Outstanding Shares
§31D-6-620. Subscription for Shares Before Incorporation
§31D-6-621. Issuance of Shares
§31D-6-622. Liability of Shareholders
§31D-6-625. Form and Content of Certificates
§31D-6-626. Shares Without Certificates
§31D-6-627. Restriction on Transfer of Shares and Other Securities
§31D-6-630. Shareholders' Preemptive Rights