388.160. Certificates issued jointly or severally.
97 words·~1 min read·
/mo/chapter-388/388-160A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
388.160. Certificates issued jointly or severally. — Any two or more persons may unite in their subscriptions so as to make the same joint as well as several, and have the certificates of stock issued thereon to them jointly; but in the absence of express agreement to the contrary, all subscriptions shall be several and not joint, and may be sued upon severally in any court of competent jurisdiction, without filing the original subscription list as an exhibit in the cause.
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(RSMo 1939 § 5143)
Prior revisions: 1929 § 4670; 1919 § 9860; 1909 § 3059