§ 26-1321Title 26
Stock deemed personal estate; transfer; contents of certificates.
The stock of such company shall be deemed personal estate, and shall be transferable only on the books of such company in such manner as shall be prescribed by the bylaws of the company; but no shares shall be transferable until all previous calls thereon shall have been fully paid. All certificates of the stock of any company organized under this chapter shall show upon their face the par value of each share and the amount paid thereon.
Annotations
Mar. 3, 1901, 31 Stat. 1307, ch. 854, § 733 July 1, 1902, 32 Stat. 619, ch. 1352, § 6(5) 1973 Ed., § 26-321. 1981 Ed., § 26-421.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.