Colorado Constitution

Article XV, § 9 — Fictitious stock, bonds - increase of stock

Colorado Const. art. XV, § 9

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.

JurisdictionColoradoDocumentConstitution
ArticleXV
Section§ 9
CitationColorado Const. art. XV, § 9
Bluebook
Colo. Const. art. XV, § 9.

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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History

Entire article added, effective August 1, 1876, see L. 1877, p. 70.

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Bluebook (online)
Colorado Const. art. XV, § 9, Counsel Stack Legal Research, https://law.counselstack.com/constitution/co/XV/9.