What is the meaning of No-Par Stock?

Stock authorized to be issued but for which no PAR VALUE is set in the ARTICLES OF INCORPORATION. A STATED VALUE is set by the BOARD OF DIRECTORS on the issuance of this type of stock.

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APABarry Goldsmith. (2010). no-par stock. Retrieved September 30, 2026, from http://smartdefine.org/no-par_stock/definitions/1159126
ChicagoBarry Goldsmith. 2010. "no-par stock" http://smartdefine.org/no-par_stock/definitions/1159126 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, no-par stock, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/no-par_stock/definitions/1159126>.
MLABarry Goldsmith. "no-par stock" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/no-par_stock/definitions/1159126>
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