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.
Tenn. Code Ann. § 48-16-209, under Issuance of Shares.
Tenn. Code Ann. § 48-16-209
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.