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Section 48-16-209 - Expense of issue — Tennessee Law | CourtGPT
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  2. Laws/
  3. Tennessee/
  4. Title 48 - Corporations and Associations Securities (§§ 48-1-101 — 48-1-201)/
  5. For Profit Business Corporations/
  6. Chapter 16 - Shares and Distributions/
  7. Part 2 - Issuance of Shares/
  8. Section 48-16-209 - Expense of issue
Tennessee Legal Code

Section 48-16-209 - 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.Acts 1986, ch. 887, § 6.28.