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§ 1207. Liability of subscribers and shareholders

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 7 P.S. Banks and Banking

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 7 P.S. Banks and Banking (Refs & Annos)
Banking Code of 1965 (Refs & Annos)
Chapter 12. Shares and Shareholders
7 P.S. § 1207
§ 1207. Liability of subscribers and shareholders
A subscriber to, or holder of, shares of an institution shall have no liability with respect to such shares other than the obligation of complying with the terms of the subscription for such shares which shall be the same as the obligation on a share subscription governed by the Business Corporation Law.

Credits

1965, Nov. 30, P.L. 847, No. 356, § 1207.
7 P.S. § 1207, PA ST 7 P.S. § 1207
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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