Section 23: Stockholders' liability for issued stock
38 words·~1 min read·
/ma/part-i/title-xxii/chapter-156b/23·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 23. Shares of stock issued in accordance with section twenty-one shall, except for unpaid instalments on instalment stock issued pursuant to section nineteen, be fully paid stock and not liable to any further call or assessment thereon.