 ... 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
 | Albert Hutchinson Putney - 1908 - 416 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... | |
 | Burritt Hamilton - 1909 - 478 sider
...Corporation Law.—Section Kelating to Dividends. Section 23. 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 the payment of such dividend would render it so, the directors assenting thereto shall be jointly... | |
 | United States. Bureau of Corporations - 1909 - 648 sider
...13. That if the directors of any such company shall declare and pay any dividend when such 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... | |
 | Iowa - 1909 - 192 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... | |
 | New York (State). Legislature. Senate - 1910 - 380 sider
...other purpose whatever than to accomplish the legitimate objects of its creation. If the directors shall declare and pay a dividend when the corporation...dividend the payment of which would render it insolvent, they shall be jointly and severally liable for all of the debts of the corporation then existing, and... | |
 | Rodolphus Waite Joslyn - 1910 - 646 sider
...compel such declaration. Statute as to — Chap. 32. shall declare and pay any dividends 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... | |
 | Abraham Clark Freeman - 1911 - 1228 sider
...during the period of any such neglect or refusal." "Sec. 862. If the directors of any such corporation shall declare and pay a dividend when the corporation...any dividend the payment of which would render it so, the directors assenting thereunto shall be jointly and severally liable in an action founded on... | |
 | Leo Greendlinger - 1911 - 466 sider
...good." The general statutes of Florida provide : " If the directors 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 the debts of the corporation then existing to the extent... | |
 | Michigan - 1913 - 48 sider
.../4u7. Dividend, when directors liable for declaring. SEC. 22. 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 the payment of such dividend would render it so, the directors assenting thereto shall be jointly... | |
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