§ 18-1047. Formalities Required of Stock Subscriptions.  


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  • FORMALITIES REQUIRED OF STOCK SUBSCRIPTIONS

    A subscription for stock of a corporation, whether made before or after the formation of a corporation, shall not be enforceable against a subscriber, unless in writing and signed by the subscriber or by his agent.

Added by Laws 1986, c. 292, § 47, eff. Nov. 1, 1986.