NC General Statutes

N.C. Gen. Stat. § 54-119 (2026)

Certificate for stock fully paid

✓ laws through the 2026 session (checked Oct. 2026)
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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. (1915, c. 144, s. 11; C.S., s. 5250.)