KRS § 99.160 Stock not to be issued except for value received.
A redevelopment corporation may not issue stock unless it has actually received money, property, or services for the corporation’s lawful use and purposes.
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- Jurisdiction
- United States — Kentucky
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
corporate governance stock issuance
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KRS § 99.160 Stock not to be issued except for value received.
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