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§ 5005. Savings banks with capital stock to issue certificates thereof for transfer

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)
Miscellaneous Laws
Chapter 50. Miscellaneous Provisions
7 P.S. § 5005
§ 5005. Savings banks with capital stock to issue certificates thereof for transfer
All savings banks having a capital stock are hereby authorized and required to issue certificates of their said stock, to all the stockholders, properly signed by the president, secretary or treasurer of said savings bank, which certificates transferred by the party holding the same, or his duly authorized attorney, in the presence of the president, secretary or treasurer, shall be a valid and legal transfer of the said stock.

Credits

1872, April 17, P.L. 62, No. 49, § 4.
7 P.S. § 5005, PA ST 7 P.S. § 5005
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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