Offshore Banking with a Swiss Bank Account and Nevis LLC

Payment for 35. (1) Neither obligations of the subscriber for future
shares payments nor future service shall constitute payment or part
payment for shares of a corporation.
(2) Certificates for shares may not be issued until
the full amount of consideration therefor has been paid.
(3) When the consideration for shares has been paid
in full, the subscriber shall be entitled to all rights and
privileges of a holder of such shares and to a certificate
representing his shares, and such shares shall be deemed
fully paid or assessable.
Compensation 36. The reasonable charges and expenses of formation or
for formation, reorganization of a corporation, and the reasonable expenses of
reorganization and compensation for the sale or underwriting of its shares may be
and financing. paid or allowed by the corporation out of the consideration
received by it in payment for its shares without thereby rendering
such shares not fully paid or assessable.