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Page 116
holding shares as executor , administrator , guardian , trustee , trustee of a voting trust , receiver , or in any other fiduciary capacity , shall be personally liable merely by reason of so holding such shares ” .
holding shares as executor , administrator , guardian , trustee , trustee of a voting trust , receiver , or in any other fiduciary capacity , shall be personally liable merely by reason of so holding such shares ” .
Page 268
consideration for which shares having no par value are allotted to take the place of outstanding shares having a par value shall be deemed to be the amount of the aggregate par value of such outstanding shares , or , if the actual value ...
consideration for which shares having no par value are allotted to take the place of outstanding shares having a par value shall be deemed to be the amount of the aggregate par value of such outstanding shares , or , if the actual value ...
Page 269
If then it later wishes to turn its non - par shares into shares with a par of $ 100 , it cannot exchange share for share , but must not let the aggregate par of the shares to be issued exceed the intrinsic value of the outstanding ...
If then it later wishes to turn its non - par shares into shares with a par of $ 100 , it cannot exchange share for share , but must not let the aggregate par of the shares to be issued exceed the intrinsic value of the outstanding ...
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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