Section 26-1322 - Liability of stockholders

Liability of stockholders

All stockholders of every company incorporated under this chapter, or availing itself of its provisions under § 26-1313 shall be severally and individually liable to the creditors of such company to an amount equal to and in addition to the amount of stock held by them respectively for all debts and contracts made by such company.

CREDIT(S)

(Mar. 3, 1901, 31 Stat. 1307, ch. 854, § 734.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 26-422.
1973 Ed., § 26-322.

Current through September 13, 2012