Limitations upon issuance of stock

Washington Constitution (October 1889)

Wash. Const. art. XII, s 6 - 6
Permanent Link: http://vlex.com/vid/317621

Id. vLex: VLEX-317621

Click here to download this article in graphic format (Acrobat Reader)

Search in this document

Sponsored Ads:


Text:

Corporations shall not issue stock, except to bona fide subscribers therefor, or their assignees; nor shall any corporation issue any bond, or other obligation, for the payment of money, except for money or property received or labor done. The stock of corporations shall not be increased, except in pursuance of a general law, nor shall any law authorize the increase of stock, without the consent of the person or persons holding the larger amount in value of the stock, nor without due notice of the proposed increase having been previously given in such manner as may be prescribed by law. All fictitious increase of stock or indebtedness shall be void.

Other documents:
Stone v Terrell 833 F.2d 1007 5th Cir 1987 | Unpublished Disposition Notice: Sixth Circuit Rule 24(C) States that Citation of Unpublished Dispositions is Disfavored Except for Establishing Res Judica... | US v. Montgomery (4th Cir. 2001) | ANUNCIO del Ayuntamiento de Cervera, sobre contratacion de un suministro. | Règlement CE nº 2465/2001 de la Commission du 14 décembre 2001 fixant la restitution maximale à l exportation de riz blanchi à grains ronds dans le cadre de l ad... | RESOLUCION de 13 de octubre de 2000, por la que se nombra en virtud de concurso a D. Oswaldo Luis Guerra Sanchez, Pr... | barrera para marte | case of tribunal superior de justicia - madrid - sala de lo contencioso-administrativo nº 62/2006, of january 23, 2006 | cascante - retribuciones de cargos electos | EDICTE de l'Ajuntament de Balaguer, sobre aprovació inicial d'un projecte d'obres. | planned community services inc et al v spielman et al. 187 ga app 703 371 s.e.2d 193 1988