Legislation

Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 603
Issuance of new certificates of stock or other consideration
Banking (BNK) CHAPTER 2, ARTICLE 13
§ 603. Issuance of new certificates of stock or other consideration.
The receiving corporation may require the return of the original
certificate or certificates held by each stockholder or shareholder in
such other corporation or corporations and may issue in lieu thereof new
certificates for such number of its own shares, or pay or deliver such
other consideration, as such stockholder or shareholder may be entitled
to receive under the merger plan.