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Washington Constitution

Article XII, § 4 — Liability of Stockholders

Washington Const. art. XII, § 4

Washington Const. art. XII, § 4 (Liability of Stockholders) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

JurisdictionWashingtonDocumentConstitution
ArticleXII
Section§ 4
CitationWashington Const. art. XII, § 4
Bluebook
Wash. Const. art. XII, § 4.

Full Text

Each stockholder in all incorporated companies, except corporations organized for banking or insurance purposes, shall be liable for the debts of the corporation to the amount of his unpaid stock and no more; and one or more stockholders may be joined as parties defendant in suits to recover upon this liability.

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