17-6416


Chapter 17.--CORPORATIONS


Article 64.--STOCK AND DIVIDENDS

     
17-6416.   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.

     
History:   L. 1972, ch. 52, § 43; July 1.