17-6415. Preincorporation subscriptions; period of irrevocability.
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/ks/chapter-17/17-6415A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
17-6415. Preincorporation subscriptions; period of irrevocability. Unless otherwise provided by the terms of the subscription, a subscription for stock of a corporation to be formed shall be irrevocable, except with the consent of all other subscribers or the corporation, for a period of six months from its date.