§ 53-82. Liability of directors. - North-carolina Statutes

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Statutes > North-carolina > Chapter_53 > GS_53-82

§53‑82. Liability of directors.

Any director of any bank whoshall knowingly violate, or who shall knowingly permit to be violated by anyofficers, agents, or employees of such bank, any of the provisions of thisChapter shall be held personally and individually liable for all damages whichthe bank, its stockholders or any other person shall have sustained inconsequence of such violation. Any aggrieved stockholder in any bank inliquidation may prosecute an action for the enforcement of the provisions ofthis section. Only one such action may be brought. The procedure shall followas nearly as may be that prescribed by G.S. 44‑14, relative to suits onbonds of contractors with municipal corporations. (1921, c. 4, s. 53; C.S., s.221(e); 1935, c. 464.)

State Codes and Statutes

Statutes > North-carolina > Chapter_53 > GS_53-82

§53‑82. Liability of directors.

Any director of any bank whoshall knowingly violate, or who shall knowingly permit to be violated by anyofficers, agents, or employees of such bank, any of the provisions of thisChapter shall be held personally and individually liable for all damages whichthe bank, its stockholders or any other person shall have sustained inconsequence of such violation. Any aggrieved stockholder in any bank inliquidation may prosecute an action for the enforcement of the provisions ofthis section. Only one such action may be brought. The procedure shall followas nearly as may be that prescribed by G.S. 44‑14, relative to suits onbonds of contractors with municipal corporations. (1921, c. 4, s. 53; C.S., s.221(e); 1935, c. 464.)

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State Codes and Statutes

Statutes > North-carolina > Chapter_53 > GS_53-82

§53‑82. Liability of directors.

Any director of any bank whoshall knowingly violate, or who shall knowingly permit to be violated by anyofficers, agents, or employees of such bank, any of the provisions of thisChapter shall be held personally and individually liable for all damages whichthe bank, its stockholders or any other person shall have sustained inconsequence of such violation. Any aggrieved stockholder in any bank inliquidation may prosecute an action for the enforcement of the provisions ofthis section. Only one such action may be brought. The procedure shall followas nearly as may be that prescribed by G.S. 44‑14, relative to suits onbonds of contractors with municipal corporations. (1921, c. 4, s. 53; C.S., s.221(e); 1935, c. 464.)