State Codes and Statutes

Statutes > North-carolina > Chapter_54 > GS_54-109_30

§54‑109.30.  Liability of shareholders.

A shareholder of any suchcorporation, unless the bylaws so provide, shall not be individually liable forthe payment of its debts for an amount in excess of the par value of the shareswhich he owns or for which he has subscribed. (1975, c. 538, s. 1.)

State Codes and Statutes

Statutes > North-carolina > Chapter_54 > GS_54-109_30

§54‑109.30.  Liability of shareholders.

A shareholder of any suchcorporation, unless the bylaws so provide, shall not be individually liable forthe payment of its debts for an amount in excess of the par value of the shareswhich he owns or for which he has subscribed. (1975, c. 538, s. 1.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_54 > GS_54-109_30

§54‑109.30.  Liability of shareholders.

A shareholder of any suchcorporation, unless the bylaws so provide, shall not be individually liable forthe payment of its debts for an amount in excess of the par value of the shareswhich he owns or for which he has subscribed. (1975, c. 538, s. 1.)