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" ... 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 205
av Georgia - 1850
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Report

Connecticut. Bureau of Labor Statistics - 1886 - 696 sider
...counties. SEC. 1958. If the directors of any such corporation shall declare or pay a dividend when it is insolvent, or any dividend the payment of which...insolvent, knowing such corporation to be insolvent, or that such dividend would render it so, the directors assenting thereunto shall be jointly and severally...
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The Southwestern Reporter, Volum 195

1917 - 1340 sider
...section 862 of Kirby's Digest, which is as follows: "Sec. 862. If the directors of any such corporation shall declare and pay a dividend when the corporation...insolvent, knowing such corporation to be insolvent, or that such dividend would render it so, the directors assenting thereunto shall be jointly and severally...
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The Revised Statutes of the State of Illinois: Embracing All Laws of a ...

Illinois - 1887 - 2194 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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The general statutes of 1878, prepared by George B. Young, edited and ...

Minnesota - 1888 - 1056 sider
...) *§ 140. Payment of dividends when insolvent— penalty. If the directors of any such corporation shall declare and pay a dividend when the corporation...insolvent, knowing such corporation to be insolvent, or that such dividend would render it so, the directors assenting thereto shall be jointly and severally...
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Arkansas Reports: Cases Determined in the Supreme Court of the ..., Volum 128

Arkansas. Supreme Court - 1917 - 702 sider
...section 862 of Kirby's Digest, which is as follows: "Sec. 862. If the directors of any such corporation shall declare and pay a dividend when the corporation...insolvent, knowing such corporation to be insolvent, or that such dividend would render it so, the directors assenting thereto shall be jointly and severally...
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Article 1, Rules of interpretation, to article 45, Husband and wife

Maryland - 1888 - 920 sider
...sec. 62. 67. 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...
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The Laws of the State of New York Relating to Building Associations: Being ...

Willis Seaver Paine - 1889 - 130 sider
...association, and if the trustees of any such association shall declare and pay 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 to the extent of the dividend so declared and paid, for...
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Reports of Cases in Law and Equity in the Supreme Court of the ..., Volum 67

Oliver Lorenzo Barbour - 1889 - 728 sider
...follows : "If the trustees of any such company shall declare and pay any dividend when the company 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 liable...
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An Abridgment of the Revised Statutes of the State of New York: Together ...

New York (State) - 1890 - 854 sider
...J. &.S., 117. Dividend*. § 19. If the directors of any such corporation shall declare and pay any al may be taken from the decision of any local or which would diminish the amount of its capital stock, the directors voting in favor of declaring...
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The Northwestern Reporter, Volum 47

1891 - 1280 sider
...corporation was organized provided that "if the el irectors of any such corporation shall declare or pay a dividend when the corporation is insolvent,...payment of which would render it insolvent, knowing euch corporation to be insolvent, or that the payment of such dividend would render It so, the directors...
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