Connecticut Statutes

§ 33-191 — Issue of certificate of shares.

Connecticut § 33-191
JurisdictionConnecticut
Title 33Corporations
Ch. 595Cooperative Associations

This text of Connecticut § 33-191 (Issue of certificate of shares.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conn. Gen. Stat. § 33-191 (2026).

Text

No certificate of shares shall be issued to any person until the full amount thereof has been paid in cash, and no shareholder shall receive less than the par value of any share when disposing of the same to the board of directors. No person shall be allowed to become a shareholder in such association except by the consent of the directors.

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Legislative History

(1949 Rev., S. 5300; P.A. 19-65, S. 6.) History: P.A. 19-65 replaced “board of managers” with “board of directors”.

Nearby Sections

15
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Bluebook (online)
Connecticut § 33-191, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/33-191.