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§ 29-304-28 — District of Columbia Law | CourtGPT
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  3. District of Columbia/
  4. Title 29 - Business Organizations. [Enacted Title]/
  5. Chapter 3 - Business Corporationssub/
  6. Subchapter IV - Shares and Distributions/
  7. Part B - Issuance of Shares§ 29–304.20. Subscription for Shares Before Incorporation/
  8. § 29-304-28
District of Columbia Legal Code

§ 29-304-28

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28. 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. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)