Ala. Admin. Code r. 830-X-4-.13

Current through Register Vol. 43, No. 1, October 31, 2024

Section 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:

Ala. Admin. Code r. 830-X-4-.13

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

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