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Value of authorized stock of new corporations

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Reference no: EM133065665

Question

What are the statutory requirements for par value in your state? Find the pertinent statutes for your state to answer the following questions:

1. Must corporations in your state issue stock with a stated par value?

2. Does the number of shares or par value of authorized stock of new corporations in your state affect the filing fee for the corporation's articles of incorporation? If yes, how?

Reference no: EM133065665

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