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.
S.C. Code Ann. § 33-6-280, under Title 33, Chapter 6.
S.C. Code Ann. § 33-6-280
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.