Shares Issuance and Distributions | Midpage

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Rhode Island General Laws

6

Shares Issuance and Distributions

7-1.2-601Right of corporation to acquire, dispose of and cancel its own shares 7-1.2-602Authorized shares — Shares in classes or series — Issuance of shares 7-1.2-603Subscription for shares 7-1.2-604Issuance of and consideration for shares 7-1.2-605Par value per share 7-1.2-606Share rights and options 7-1.2-607Expenses of organization, reorganization and financing 7-1.2-608Form and content of certificates 7-1.2-609Share transfer and ownership restrictions 7-1.2-610Fractional shares 7-1.2-611Bonds — Facsimile signatures and seals 7-1.2-612Liability of subscribers and shareholders 7-1.2-613Shareholder’s preemptive rights 7-1.2-614Distributions to shareholders