17-7101. Actions against officers, directors or stockholders for debts of corporation.
17-7101
17-7101. Actions against officers, directors or stockholders for debts
of corporation.
(a) When the officers, directors or stockholders of any corporation
shall be liable by the provisions of this act to pay the debts of the
corporation, or any part thereof, any person to whom they are liable may
have an action against any one or more of them. The petition in any such
action shall state the claim against the corporation and the ground on
which the plaintiff expects to charge the defendants personally.
(b) No suit shall be brought against any officer, director or
stockholder for any debt of a corporation of which he is an officer,
director or stockholder, until judgment be obtained therefor against the
corporation and execution thereon returned unsatisfied.
History: L. 1972, ch. 52, § 120; L. 1973, ch. 100, § 15; July 1.