Article XV, § 9 — Fictitious stock, bonds - increase of stock
This text of Colorado Const. art. XV, § 9 (Fictitious stock, bonds - increase of stock) is published on Counsel Stack Legal Research, covering Colorado 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 stocks or bonds, except for labor done, service performed, or money or property actually received, and all fictitious increase of stock or indebtedness shall be void. The stock of corporations shall not be increased except in pursuance of general law, nor without the consent of the persons holding a majority of the stock, first obtained at a meeting held after at least thirty days' notice given in pursuance of law.
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Cite This Page — Counsel Stack
Colorado Const. art. XV, § 9, Counsel Stack Legal Research, https://law.counselstack.com/constitution/co/XV/9.