Shares may be issued for consideration expressed in dollars fixed by the board unless the articles of incorporation reserve to the shareholders the right to fix the consideration. If this right is reserved as to any shares, the shareholders shall, before the issuance of the shares, fix the consideration to be received for the shares by approval of the outstanding shares.
Section: Previous 10.06.318 10.06.320 10.06.323 10.06.325 10.06.328 10.06.330 10.06.333 10.06.335 10.06.338 10.06.340 10.06.343 10.06.345 10.06.348 10.06.349 10.06.350 NextLast modified: November 15, 2016