
Code of Federal Regulations (C.F.R.)

Shares of stock of a corporation which have been issued at a price far greater than true value. in this case, the actual value of all shares is less than the value carried on the books of the corporation.
Shares of stock of a corporation which have been issued at a price far greater than true value. in this case, the actual value of all shares is less than the value carried on the books of the corporation.