Illinois Statutes
§ 16
Illinois § 16
This text of Illinois § 16 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
610 Ill. Comp. Stat. 16 (2026).
Text
Each stockholder of any corporation formed under the provisions of this act, shall be held individually liable to the creditors of such corporation to an amount not exceeding the amount unpaid on the stock held by him, for any and all debts and liabilities of such corporation, until the whole amount of the capital stock of such corporation so held by him shall have been paid.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(Source: Laws 1871, p. 625.)
Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 16, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/610/16.