 ... if the directors of any such corporation shall knowingly declare and pay any dividend when the corporation is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock...  Acts Passed by the General Assembly of Georgia - Side 205av Georgia - 1850Uten tilgangsbegrensning - Om denne boken
 | Millard Fillmore Watts, Missouri - 1903 - 576 sider
...personally liable, when. — If the directors of any corporation shall knowingly declare and pay any dividend when the corporation is insolvent, or any...dividend, the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corporation then existing, and... | |
 | Maryland - 1904 - 1280 sider
...sec. 62. 75. If the trustees, managers or directors of any such corporation shall declare and pay any dividend when the corporation is insolvent, or any...dividend, the payment of which would render it insolvent, or would diminish the amount of the capital stock, they shall be jointly and severally liable for all... | |
 | Joseph Henry Beale - 1904 - 1208 sider
...constitutional provision alone. "If the directors of any corporation shall knowingly declare and pay any dividend when the corporation is insolvent, or any...dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the corporation then existing, and... | |
 | William Irvin Brobeck, Richard Maury Sims - 1904 - 1434 sider
...company. Sec. 56. If the directors of such company shall declare and p«T any dividend when the. company is insolvent, or any dividend, the payment of which would render it insolvent, they shall be jointly and severally liable for all the debts of the conrpany then existing, and for... | |
 | 1904 - 698 sider
...of any corporation shall declare and pay any dividend when such corporation is known by them to be insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, all directors, officers or agents knowingly... | |
 | 1904 - 732 sider
...of any corporation shall declare and pay any dividend when such corporation is known by them to be insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, all directors, officers or agents knowingly... | |
 | William Warwick Thum, Fred P. Caldwell - 1905 - 976 sider
...liable for debts of corporation. If the directors of any incorporated company shall declare and pay any dividend when the corporation is insolvent, or any...dividend the payment of which would render It insolvent, or which would diminish the amount of its capital stock, they shall be Jointly and severally individually... | |
 | Thomas Gold Frost - 1906 - 736 sider
...debts of the corporation then existing or thereafter contracted when they declare and pay any dividends when the corporation is insolvent or any dividend the payment of which would render the corporation insolvent or which diminishes the amount of its capital stock-; also for assuming to... | |
 | Maryland - 1908 - 390 sider
...50. First: If the trustees, managers or directors of any such corporation shall declare and pay any dividend when the corporation is insolvent, or any...dividend, the payment of which would render it insolvent, or would diminish the amount of the capital stock, they shall be jointly and severally liable to the... | |
 | Albert H. Putney - 1908 - 408 sider
...directors, or other officers or agents of any stock corporation shall declare and pay any dividend when such corporation is insolvent, or any dividend the payment of which would render it insolvent, or which would diminish the amount of its capital stock, all directors, officers, or agents assenting... | |
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