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Current as of January 01, 2023 | Updated by Findlaw Staff
Certificates of stock shall not be issued to any subscriber until fully paid, but the bylaws of the association may allow subscribers to vote as shareholders: Provided, part of the stock subscribed for has been paid in cash.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 54. Cooperative Organizations § 54-119. Certificate for stock fully paid - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-54-cooperative-organizations/nc-gen-st-sect-54-119/
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