§ 5-509. Issuance of stock certificates
West's Annotated Code of MarylandCorporations and Associations
MD Code, Corporations and Associations, § 5-509
§ 5-509. Issuance of stock certificates
A stock certificate may not be issued to any subscriber until the stock is full paid. In a cooperative organized without capital stock, a certificate of membership may not be issued to any person until the membership fee is paid in full.
Credits
Added by Acts 1975, c. 311, § 2, eff. July 1, 1975.
Formerly Art. 23, § 368.
MD Code, Corporations and Associations, § 5-509, MD CORP & ASSNS § 5-509
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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