A corporation may pay the expenses of selling or underwriting its shares and organizing or reorganizing the corporation from the consideration received for shares.
(Subsequent Acquisition of Shares by Shareholders and Corporation)
Known as the Oregon Business Corporation Act
The act spans §§ 60–60 (245 sections).
1987 c.52 §45
A corporation may pay the expenses of selling or underwriting its shares and organizing or reorganizing the corporation from the consideration received for shares.
(Subsequent Acquisition of Shares by Shareholders and Corporation)
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.