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WEST VIRGINIA CODE

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WVC 31 D- 6 - 624 §31D-6-624. Share options.
A corporation may issue rights, options or warrants for the purchase of shares of the corporation. The board of directors shall determine the terms upon which the rights, options or warrants are issued, their form and content, and the consideration for which the shares are to be issued.

Note: WV Code updated with legislation passed through the 2012 1st Special Session