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Page 261
... resolution passed by board of directors authorizing transfer of assets to mortgagee , in that secretary of board stated that six members voted for resolution , whereas 9 members or more than two - thirds of number of di- rectors voted ...
... resolution passed by board of directors authorizing transfer of assets to mortgagee , in that secretary of board stated that six members voted for resolution , whereas 9 members or more than two - thirds of number of di- rectors voted ...
Page 389
... resolution must provide for the disposition of any surplus . C. The resolution or consent may provide that the corporation shall be liquidated out of court . In this case , the members shall , at the same time , appoint a liquidator or ...
... resolution must provide for the disposition of any surplus . C. The resolution or consent may provide that the corporation shall be liquidated out of court . In this case , the members shall , at the same time , appoint a liquidator or ...
Page 584
... resolution adopted by such body . In the case at bar the resolu- tion sufficiently expresses the financial inability of the corporation ' to meet its obligations , ' which includes all debts due and to become due , but the same resolution ...
... resolution adopted by such body . In the case at bar the resolu- tion sufficiently expresses the financial inability of the corporation ' to meet its obligations , ' which includes all debts due and to become due , but the same resolution ...
Contents
TITLES AND CHAPTERS | xv |
Numerical Index to Titles and Chapters XIII | xxxi |
Louisiana Revised Statutes of 1950 | xxxiii |
Copyright | |
9 other sections not shown
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Common terms and phrases
agent alleged amendment amount appeal appointment of receiver articles of incorporation articles or by-laws Ass'n assets attorney authority Bank board of directors bonds Business Corporation Act capital stock cause of action ceiver charter Construction and application contract corporation's court creditors debts defendant dissolution dividends elected entitled estopped ex rel filed foreign corporation held History and Source holders indorsement insolvent issued judgment jurisdiction L.Ed La.Ann La.App liability liquidator Llano Del Rio mandamus meeting ment Model Act Model Business Corporation mortgage Notes of Decisions Orleans App owner paid par value parties payment person petition plaintiff pledged poration president proceedings purchase purpose receivership registered office resolution S.Ct Secretary service of process shareholders Source of Law statute Stock Transfer Act stockholders subscribed subscription suit thereof tion trust ultra vires Uniform Stock Transfer valid voting trust