Certificates for stock, when fully paid up, signed by the president and secretary, shall be issued to the owners thereof, and provision may be made in the bylaws for issuing certificates prior to full payment, under such restrictions, and for such purposes, as the bylaws may provide. History: Laws 1878, ch. 1, ch. [tit.] 4, § 2; C.L. 1884, § 2652; C.L. 1897, § 3834; Code 1915, § 4692; C.S. 1929, § 116-140; 1941 Comp., § 74-129; 1953 Comp., § 69-1-29. Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
‹ Prev All New Mexico sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.