Section 296:19 Levying.

A corporation at its first meeting, or at a meeting called for the purpose, may make assessments upon the shares of its stock, not exceeding in the whole the amount at which the shares were originally limited; or such assessments may be made by the directors of the corporation; and the sums assessed shall be paid to the treasurer, within the times limited by the corporation or by the directors.

Source. RS 141:11. CS 149:11. GS 134:15. GL 148:15. PS 149:16. PL 227:19. RL 276:19.