Washington Code 23B.06.280 – Expense of issue
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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.
[ 1989 c 165 § 56.]
Terms Used In Washington Code 23B.06.280
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.