A person may obtain shares of stock by subscription only after a corporation is organized.

Name: A person may obtain shares of stock by subscription only after a corporation is organized.
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Question

A person may obtain shares of stock by subscription only after a corporation is organized. ​

Quizplus · Accepted Answer

A person can subscribe to shares of stock in a corporation both before and after the corporation is officially organized. Subscription agreements entered into before the corporation is formed are often part of the process of organizing the corporation.

A Person May Obtain Shares of Stock by Subscription Only