§ 2-215. Stockholder liability
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 2-215
§ 2-215. Stockholder liability
(a) A stockholder or subscriber for stock of a corporation is not obligated to the corporation or its creditors with respect to the stock, except to the extent that:
(b) The following persons are not personally liable to the corporation or its creditors for the unpaid portion of the consideration due for stock:
Credits
Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 23, § 31.
MD Code, Corporations and Associations, § 2-215, MD CORP & ASSNS § 2-215
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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