California Statutes
§ 413. — 413. (Amended by Stats. 1979, Ch. 730.)
California § 413.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.1.
Title 1.DIVISION 1. GENERAL CORPORATION LAW
Ch. 4.CHAPTER 4. Shares and Share Certificates
This text of California § 413. (413. (Amended by Stats. 1979, Ch. 730.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Corporations Code - CORP Code § 413. (2026).
Text
A person holding shares as pledgee, executor, administrator, guardian, conservator, trustee, receiver or in any representative or fiduciary capacity is not personally liable for any unpaid balance of the subscription price of the shares because the shares are so held but the estate and funds in the hands of such fiduciary or representative are liable and the shares are subject to sale therefor.
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Legislative History
Amended by Stats. 1979, Ch. 730.
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Bluebook (online)
California § 413., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/413..