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.
Ark. Code Ann. § 4-27-628 — under Business Corporation Act of 1987.
Ark. Code Ann. § 4-27-628
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.