<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>346776</law_id><section_number>13.1-650</section_number><catch_line>Expense of issue</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="44" identifier="13.1">Corporations</unit><unit label="chapter" level="2" order_by="12" identifier="9">Virginia Stock Corporation Act</unit><unit label="article" level="3" order_by="8" identifier="7">Shares and Distributions</unit></structure><text>
						<section><p>A <span class="dictionary">corporation</span> may pay the <span class="dictionary">expenses</span> of selling or underwriting its <span class="dictionary">shares</span>, and of organizing or reorganizing the <span class="dictionary">corporation</span>, from the consideration received for <span class="dictionary">shares</span>.</p></section></text><history>1985, c. 522.</history><metadata></metadata></law>
