Corporate Finance | Midpage

Collections
New York Consolidated Laws

Business Corporation

5

Corporate Finance

501Authorized shares 502Issue of any class of preferred shares in series 503Subscription for shares; time of payment, forfeiture for default 504Consideration and payment for shares 505Rights and options to purchase shares; issue of rights and options to directors, officers and employees 506Determination of stated capital 507Compensation for formation, reorganization and financing 508Certificates representing shares 509Fractions of a share or scrip authorized 510Dividends or other distributions in cash or property 511Share distributions and changes 512Redeemable shares 513Purchase, redemption and certain other transactions by a corporation with respect to its own shares 514Agreements for purchase by a corporation of its own shares 515Reacquired shares 516Reduction of stated capital in certain cases 518Corporate bonds 519Convertible or exchangeable shares and bonds 520Liability for failure to disclose required information