CPA · Business Corporations Act
Part 5 — Corporate Finance
44 Form of dividend
shares of the corporation and, subject to section 43, a corporation
may pay a dividend in money or property.
(2) If shares of a corporation are issued in payment of a dividend,
the directors may add all or part of the value of those shares to the
stated capital account maintained or to be maintained for the shares
of the class or series issued in payment of the dividend.
RSA 2000 cB-9 s44;2005 c8 s17