Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 33-191: Issue of certificate of shares.

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Where this section sits in the code

TITLE 33. CORPORATIONS
CHAPTER 595. COOPERATIVE ASSOCIATIONS

No certificate of shares shall be issued to any person until the full amount thereof has been paid in cash, and no shareholder shall receive less than the par value of any share when disposing of the same to the board of directors. No person shall be allowed to become a shareholder in such association except by the consent of the directors.

Collected 2026-09-06T19:07:11Z. Source file · JSON

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