45-4-402 - Shares and deposits of minors.

45-4-402. Shares and deposits of minors.

Shares may be issued in the name of a minor and in trust in a way and manner that the bylaws may provide.

[Acts 1923, ch. 68, § 16; Shan. Supp., § 2198a23; Code 1932, § 3850; Acts 1937, ch. 264, § 8; C. Supp. 1950, § 3850; T.C.A. (orig. ed.), § 45-1818.]