Section 10.06.330. Payment of subscription for shares.

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Unless otherwise provided in the subscription agreement, subscriptions for shares, whether made before or after the organization of a corporation, shall be paid in full at the time or in installments as determined by the board. A call made by the board for payment on subscriptions shall be uniform for shares of the same class or shares of the same series.

Notes

History

(Sec. 1 ch 166 SLA 1988)

                    
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