PRC Company Law (2nd Revision)

中华人民共和国公司法 (第二次修正)

Removes State Council approval requirement for share issuance above par.

1 minute readOctober 02, 2004 at 12:58 AM
By
clpstaff
& clp articles

Promulgated: August 28 2004

Effective: as of date of promulgation

Main contents: The original second paragraph of Article 131, "The issue of shares above par shall be subject to the approval of the State Council's department for the administration of securities", is removed.

clp reference:2330/04.08.28
promulgated:2004-08-28
effective:2004-08-28

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