Laws of the State of New York, Том 2 |
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Страница 2372
Authorized shares . 502. Issue of any class of preferred shares in series . 503. Subscription for shares ; time of payment , forfeiture for default . 504. Consideration and payment for shares . 505. Rights and options to purchase shares ...
Authorized shares . 502. Issue of any class of preferred shares in series . 503. Subscription for shares ; time of payment , forfeiture for default . 504. Consideration and payment for shares . 505. Rights and options to purchase shares ...
Страница 2375
to C ( f ) Upon distribution of authorized but unissued shares to shareholders , that part of the surplus of a corporation which is concurrently transferred to stated capital shall be the consideration for the issue of such shares .
to C ( f ) Upon distribution of authorized but unissued shares to shareholders , that part of the surplus of a corporation which is concurrently transferred to stated capital shall be the consideration for the issue of such shares .
Страница 2379
Share distributions and reclassifications . ( a ) A corporation may make pro rata distributions of its author- ized but unissued shares , to holders of any class or classes of its outstanding shares , subject to the following conditions ...
Share distributions and reclassifications . ( a ) A corporation may make pro rata distributions of its author- ized but unissued shares , to holders of any class or classes of its outstanding shares , subject to the following conditions ...
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act shall take ACT to amend action added additional agency amended by chapter amended to read amount application approval assessment authorized Became a law bonds certificate claims commission commissioner contract corporation cost court deemed designated determined directors district dollars duties effect election enact as follows entitled feet filed five four fund Governor hereby amended highway housing income incorporation interest issued lands law April laws of nineteen less license limited majority vote meeting mortgage municipality necessary nineteen hundred notice operation otherwise paid paragraph park Passed payment period person powers proceeding pursuant read as follows real property receive relation represented in Senate respect Senate and Assembly shareholders shares subd subdivision term thereof three-fifths being present tion town trustees village York