Section 10A-2-6.22 Liability of Shareholders and Subscribers.
This section says a buyer of a corporation’s own shares is generally not liable, subscribers and shareholders are not personally liable for corporate acts or debts, and a corporation may have a lien on shareholder shares if the articles and stock certificates properly provide for it.
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- Jurisdiction
- United States — Alabama
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- Act or statute
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- Language
- en
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Section 10A-2-6.22 Liability of Shareholders and Subscribers.
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