Article 14, § 6 — Stocks; bonds
This text of Arizona Const. art. 14, § 6 (Stocks; bonds) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Full Text
No corporation shall issue stock, except to bona fide subscribers therefor or their assignees; nor shall any corporation issue any bond, or other obligation, for the payment of money, except for money or property received or for labor done. The stock of corporations shall not be increased, except in pursuance of a general law, nor shall any law authorize the increase of stock of any corporation without the consent of the person or persons holding the larger amount in value of the stock of such corporation, nor without due notice of the proposed increase having been given as may be prescribed by law. All fictitious increase of stock or indebtedness shall be void.
Add this to your briefcase to access full text.
Cite This Page — Counsel Stack
Arizona Const. art. 14, § 6, Counsel Stack Legal Research, https://law.counselstack.com/constitution/az/14/6.