A corporation may pay the expenses of selling or underwriting its shares and organizing or reorganizing the corporation from the consideration received for shares. [1987 c.52 § 45]

Terms Used In Oregon Statutes 60.171

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

 

(Subsequent Acquisition of Shares by Shareholders and Corporation)