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" Auditor, and the company paying for the fractional parts of shares ; and it shall be lawful for the directors of such company to create new stock, and dispose of the same, and to issue new certificates therefor, to an amount sufficient to make up the... "
Reports Made to the Senate and House of Representatives of the State of Illinois - Página 162
por Illinois - 1869
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Political code

California - 1905 - 1404 páginas
...held liable for damages if he has acted in good faith. In the event of any additional losses occurring upon new risks taken after the expiration of the period limited by the commissioner in the requisition, and before deficiency has been filled up, the directors of any company,...
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Report of the Board of Statutory Consolidation: Insurance law to Partnership law

New York (State). Board of Statutory Consolidation - 1907 - 1252 páginas
...less than par for an amount sufficient to make up the original capital of the corporation. For any losses accruing upon new risks taken after the expiration of the period limited by the superintendent in any such requisition and before such impairment or deficiency shall be made up, the...
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Corporation Laws of the State of California: (with Citations From, Up to and ...

California - 1907 - 576 páginas
...liable for damages, if he has acted in good faith. In the event of any additional losses occurring upon new risks taken after the expiration of the period limited by the Commissioner in the requisition, and before the deficiency has been filled up. the directors of any...
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Laws of the State of Iowa Relating to Insurance, Also to Corporations for ...

Iowa - 1909 - 192 páginas
...certificates therefor, to an amount sufficient to make up the original capital of the company. In the event of additional losses accruing upon new risks, taken after the expiration of the period limited by the auditor in the aforesaid requisition for filling up of the deficiency in the capital of such company,...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 páginas
...less than par for an amount sufficient to make up the original capital of the corporation. For any losses accruing upon new risks taken after the expiration of the period limited by the superintendent in any such requisition and before such impairment or deficiency shall be made up, the...
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Insurance Laws of Wisconsin in Effect July 1, 1909

Wisconsin - 1909 - 242 páginas
...certificates of stock in lieu of the stock so forfeited and dispose of the same at not less than par. For any losses accruing upon new risks taken after the expiration of the period limited by the commissioner of insurance in any such order and before such impairment shall be made up, the directors...
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Laws Relating to Insurance

Michigan - 1909 - 262 páginas
...directors of such company are hereby made personally liable for any losses which may be sustained upon risks taken after the expiration of the period limited by the said secretary of state [commissioner of insurance] for filling up the deficiency in the capital and assets...
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Pacific States Reports: Extra Annotated, Libro 14

1906 - 2184 páginas
...of his duty herein, if he has acted in good faith. In the event of any additional losses oecurriue upon new risks taken after the expiration of the period limited by the Commissioner in the requisition, and before the deficiency shall have been filled up, the Directors...
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Laws Relating to Insurance

Michigan - 1913 - 326 páginas
...Provisions applicable to mutuals. Revocation of authority. Agents liable thereafter. (230) g 7251. SEC. 28. And it is hereby declared that in the event of any...the expiration of the period limited -by the said secretary of state [commissioner of insurance] in the aforesaid requisition for the filling up of the...
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History of Economic Legislation in Iowa

Ivan Lester Pollock - 1918 - 410 páginas
...time allotted by the Auditor the directors of the company were held to be individually liable for all losses accruing upon new risks taken after the expiration of the period set by the Auditor for making up the deficiency in the capital. If the Auditor's examination indicated...
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