2012 Statute
| Prev | Article 64. - STOCK AND DIVIDENDS | Next |  |
17-6421. Special purpose reserves. The directors of a corporation may set apart out of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve. |
History: L. 1972, ch. 52, § 48; July 1. |
| Prev | Article 64. - STOCK AND DIVIDENDS | Next | |
2013. Powered by KLISS. Rendered: 2013-05-24T03:29:25. Head Rev No: 346362