From inside the book
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Page 31
... par - value shares , that part of the consideration received therefor which is equal to the par value there- of , plus such additional part of such consideration as the board of directors or the shareholders may fix , shall be allocated ...
... par - value shares , that part of the consideration received therefor which is equal to the par value there- of , plus such additional part of such consideration as the board of directors or the shareholders may fix , shall be allocated ...
Page 32
... par value of such shares having par value , and the aggregate allocated value of such shares without par value , plus ( 2 ) to the extent of the price paid on purchase or redemption of such par - value shares in excess of the par value ...
... par value of such shares having par value , and the aggregate allocated value of such shares without par value , plus ( 2 ) to the extent of the price paid on purchase or redemption of such par - value shares in excess of the par value ...
Page 118
... amount of net assets in excess of ( 1 ) the aggre- gate par value of the issued shares having no preferential right to participate in the corporation's assets in event of liquidation , plus ( 2 ) the greater of the aggregate par value ...
... amount of net assets in excess of ( 1 ) the aggre- gate par value of the issued shares having no preferential right to participate in the corporation's assets in event of liquidation , plus ( 2 ) the greater of the aggregate par value ...
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Common terms and phrases
agreement amount application appointed approved articles of amendment articles of incorporation articles or by-laws assets authorized to transact board of directors business corporations capital surplus cash certificate of authority certificate of incorporation Chapter class or series copy corporate action corporate existence corporate name Corporation Law corporation's court creditors deemed dividends dollars earned surplus effect elected fees fixed foreign corporation former law holders immovable property issuance issued shares liability meeting merger or consolidation nonprofit corporations number of shares par value parish payment permitted person poration preemptive rights prescribed procedure proceeding for dissolution provided in R.S. provisions of R.S. proxy purpose pursuant to R.S. quorum receiver reclassification of stock recorder of mortgages redemption registered agent registered office relative rights reorganization restated Secretary service of process shareholders subsection supervision thereto thirty days tion total voting power transact business transfer treasury shares ultra vires Unless the articles voting trust