Home/DC Code/§ 26-1322
§ 26-1322Title 26

Liability of stockholders.

All stockholders of every company incorporated under this chapter, or availing itself of its provisions under § 26-1313 shall be severally and individually liable to the creditors of such company to an amount equal to and in addition to the amount of stock held by them respectively for all debts and contracts made by such company.

Annotations

Mar. 3, 1901, 31 Stat. 1307, ch. 854, § 734
1973 Ed., § 26-322.
1981 Ed., § 26-422.
This section is referenced in § 26-105.
Source XML

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.