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Page xxxix
of corporate existence while the subscription is in effect constitutes an automatic acceptance and converts the preincorporation subscriber into a shareholder without further formality on the part of the corporation ( Sec . 5A ) .
of corporate existence while the subscription is in effect constitutes an automatic acceptance and converts the preincorporation subscriber into a shareholder without further formality on the part of the corporation ( Sec . 5A ) .
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( Under the Uniform Act , the corporate existence does not begin until the certificate of incorporation is issued by the Secretary of State . Uniform Business Corporation Act , § 5 , II , 9 U.L.A. 48 ( Perm . ed . 1932 ) ] .
( Under the Uniform Act , the corporate existence does not begin until the certificate of incorporation is issued by the Secretary of State . Uniform Business Corporation Act , § 5 , II , 9 U.L.A. 48 ( Perm . ed . 1932 ) ] .
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S. A. Chapman & corporate existence . Provident Bank & Co. , 1911 , 129 La . 562 , 56 So. 509 . Trust Co. v . Saxon , 1906 , 116 La . 408 , 40 So. 778 ; Louisiana Nat . Bank v . Hen- Where one subscribes for stock in a derson ...
S. A. Chapman & corporate existence . Provident Bank & Co. , 1911 , 129 La . 562 , 56 So. 509 . Trust Co. v . Saxon , 1906 , 116 La . 408 , 40 So. 778 ; Louisiana Nat . Bank v . Hen- Where one subscribes for stock in a derson ...
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Contents
Numerical Index to Titles and Chapters The Louisiana Business Corporations Law by Charles E Dunbar Jr and Eugene A Nabors | xxxi |
Guide to Formation of Business Corporations by Charles E Dunbar Jr and Walker B Spencer | lxxv |
Louisiana Revised Statutes of 1950 | lxxvii |
Copyright | |
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Common terms and phrases
action adopted agent alleged amendment amount appeal application appointment assets association authority Bank board of directors bonds by-laws capital stock cause certificate charter claim constitute contract corporation corporation's court creditors debts Decisions defendant dissolution dividends effect elected entitled evidence executed existence fact filed follows foreign corporation held History and Source hold holders incorporation interest issued judgment La.Ann Law Source liability limited liquidator Louisiana majority manager meeting ment Model mortgage necessary Note notice organized Orleans owner paid parties payment person plaintiff poration president proceedings purchase ration receiver record resolution Review rule Secretary secure shareholders shares Source of Law statute stockholders subscription suit thereof tion transfer trust Uniform unless valid vote