South Dakota Statutes

§ 49-33-19 — Capital stock subscription.

South Dakota·Title 49 PUBLIC UTILITIES AND CARRIERS·Ch. 49-32A ELECTRIC, STREET RAILWAY AND GAS CORPORATIONS
When a certificate is issued pursuant to § 49-33-4 , the directors of such corporation may, in case the whole of the capital stock shall not have been before subscribed, open books of subscription to fill up the capital stock at such places and upon such notice as they may deem expedient, and may from time to time receive subscriptions until the whole of the capital stock is subscribed.

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South Dakota § 49-33-19 (Capital stock subscription.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 52.1503.

Nearby Sections

15
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