D.C. Code § 26-213
This is the official text of D.C. Code § 26-213, part of District of Columbia’s Code — part of the compiled statutory law of District of Columbia, published by the state as "Code." Browse the sections below, each linked to its official government source.
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§ 26-213. Forfeiture of stock.
Official statutory text
Any nonadvanced shareholder failing to pay the instalments due on his share and the fines due from him for such time as the bylaws shall determine, shall forfeit his stock, but may, on application, receive a return of the amount paid in on account of his stock, less the accrued fines.
Status: in_force · Read it on the official government site
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