District of Columbia Statutes
§ 26-1328 — Liability of directors or trustees on declaration of dividends — Exemption.
District of Columbia § 26-1328
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 13Trust, Loan, Mortgage, Safe Deposit and Title Corporations.
Subch. IGeneral.
This text of District of Columbia § 26-1328 (Liability of directors or trustees on declaration of dividends — Exemption.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 26-1328 (2026).
Text
If any of the directors or trustees shall object to declaring such dividends or the payment of the same, and shall at any time before the time fixed for the payment thereof file a certificate of their objection in writing with the secretary of the company and with the Recorder of Deeds of the District, they shall be exempt from the liability prescribed in § 26-1327 .
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Legislative History
Mar. 3, 1901, 31 Stat. 1308, ch. 854, § 740
Nearby Sections
15
§ 26-1001
Definitions.§ 26-1002
License required.§ 26-1003
Exemptions.§ 26-1004
License qualifications.§ 26-1006
License application.§ 26-1007
Bond or other security device.§ 26-1008
Application fee.§ 26-1009
Issuance of license.§ 26-1011
Special reporting requirements.§ 26-1012
Changes in control of a licensee.§ 26-1013
Examinations.§ 26-1014
Maintenance of records.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 26-1328, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-1328.