Missouri Revised Statutes

Chapter 351
General and Business Corporations
Section 351.170

August 28, 2007


Expenses of organization or reorganization, how paid.

351.170. The reasonable charges and expenses of organization or reorganization of a corporation and reasonable compensation for the sale or underwriting of its shares, may be paid or allowed by such corporation out of consideration received by it in payment for its shares without thereby rendering such shares not full-paid and nonassessable.

(L. 1943 p. 410 § 21)


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