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(a) The corporation may issue stock at par value for the price determined by the board of directors from time to time, or if the certificate of incorporation so provides, the stockholders, provided that such price is not less than the par value of such shares.\n(b) The corporation may issue stock without par value for the price determined by the board of directors from time to time, or if the certificate of incorporation so provides, the stockholders.\n(c) The corporation may dispose of the treasury stock at the price determined by the board of directors from time to time or, if the certificate of incorporation so provides, the stockholders.\n(d) In the event that the certificate of incorporation has reserved to the stockholders the power to determine the prices for the issues of corporate capital stock, the stockholders shall so determine by the majority vote of the holders of the outstanding stock entitled to vote thereon, provided the certificate of incorporation does not require a larger vote.\nHistory —Dec. 16, 2009, No. 164, § 5.03.