Valuation

When consideration for stocks is other than cash, who determines the valuation, and whose approval is required?

When consideration for stocks is other than cash, who determines the valuation, and whose approval is required? Where the consideration for the issuance of stock is something other than actual cash, such as property, or consists of intangible property like patents or copyrights, the initial valuation thereof is determined by the stockholders or the board

When consideration for stocks is other than cash, who determines the valuation, and whose approval is required? Read More »