Section 830-X-4-.13 - Capital Structure Of Unseasoned Corporations (Alabama Administrative Code)

§ 830-X-4-.13. Capital Structure Of Unseasoned Corporations

Classes of Stock--No issuer in the formative stages or without operating profits shall register or have outstanding any class, type or kind of security except one (1) class of common stock.

Author:

(Filed September 30, 1982. Readopted: Filed November 9, 1983.)

Statutory Authority: Code of Ala. 1975, § 8-6-23.

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