GroundRules
18 GCA § 2109: Statement of Treasurer. Condition Precedent to Filing.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 1 - The Corporate Law
- Chapter 2: Formation of Corporations
- ARTICLE 1: CORPORATIONS DEFINED, ORGANIZED
The Director of Revenue and Taxation shall not file the articles of incorporation unless accompanied by a sworn statement of the treasurer elected by the subscribers showing that at least twenty percentum (20%) of the entire capital stock has been subscribed, and that at least twenty-five percentum (25%) of the subscription has been paid to him for the benefit and to the credit of the corporation.
Collected 2026-09-27T03:52:08Z. Source file · JSON