Explore the legal terms and concepts related to Stock Issuance. Click on any term below to learn more about its definition and applications.
What are preemptive rights?
Preemptive rights are the rights of an existing shareholder to maintain his percentage of ownership...
What is treasury stock?
Treasury stock is stock previously issued that has been reacquired by the corporation, and can later...
What is no-par value stock?
No-par stock is stock issued with no par or face value. In modern practice, par value is an antiquat...
What happens if a corporation issues par stock for less than par value?
The corporation can recover the loss from the purchasing shareholder and the directors who authorize...
What consideration must a corporation receive in exchange for its stock?
If a corporation sets a par value for its stock, it must sell it for at least par value. The corpora...
