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Wyoming Statutes Title 1. Code of Civil Procedure § 1-19-108. Liability of shares pledged or used as collateral

Current as of January 01, 2024 | Updated by Findlaw Staff

When shares of any corporation are pledged in good faith, or pledged as collateral security for any loan or debt, and the certificate is delivered upon the pledge or debt, the shares are not liable to be taken on execution against the pledgor except for the excess of their value over the sum for which they have been pledged.

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Cite this article: FindLaw.com - Wyoming Statutes Title 1. Code of Civil Procedure § 1-19-108. Liability of shares pledged or used as collateral - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-1-code-of-civil-procedure/wy-st-sect-1-19-108/

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