District of Columbia Statutes

§ 26-213 — Forfeiture of stock.

District of Columbia § 26-213
JurisdictionDistrict of Columbia
Title 26Banks and Other Financial Institutions.
Ch. 2Building Associations.
Subch. IGeneral.

This text of District of Columbia § 26-213 (Forfeiture of stock.) 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 § 26-213 (2026).

Text

Any nonadvanced shareholder failing to pay the instalments due on his share and the fines due from him for such time as the bylaws shall determine, shall forfeit his stock, but may, on application, receive a return of the amount paid in on account of his stock, less the accrued fines.

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Legislative History

Mar. 3, 1901, 31 Stat. 1300, ch. 854, § 698

Nearby Sections

15
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Bluebook (online)
District of Columbia § 26-213, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/26-213.