When no-par common stock has a stated value,the stated value of the shares issued normally is not considered the legal capital of the corporation.

Name: When no-par common stock has a stated value,the stated value of the shares issued normally is not considered the legal capital of the corporation.
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When no-par common stock has a stated value, the stated value of the shares issued is considered the legal capital of the corporation.

When No-Par Common Stock Has a Stated Value,the Stated Value