District of Columbia Statutes

§ 26-1322 — Liability of stockholders.

District of Columbia·Title 26 Banks and Other Financial Institutions.·Ch. 13 Trust, Loan, Mortgage, Safe Deposit and Title Corporations.·Subch. I General.
All stockholders of every company incorporated under this chapter, or availing itself of its provisions under § 26-1313 shall be severally and individually liable to the creditors of such company to an amount equal to and in addition to the amount of stock held by them respectively for all debts and contracts made by such company.

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Legislative History

Mar. 3, 1901, 31 Stat. 1307, ch. 854, § 734

Nearby Sections

15
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