Section 10.06.390. Capitalization of retained earnings.


Latest version.
  • The paid-in capital of a corporation may be increased by resolution of the board directing that all or a part of the retained earnings of the corporation be transferred to the paid-in capital account.

Authorities

10.06.990

Notes


References

AS 10.06.990 Definitions.
History

(Sec. 1 ch 166 SLA 1988)