18 GCA § 3203: Notice of Order, Form.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 1 - Business Structure
- Part 1 - The Corporate Law
- Chapter 3: Corporate Stock
- ARTICLE 2: ASSESSMENT OF STOCK
Notice of the order declaring unpaid subscriptions to the capital stock due and payable shall be given by the secretary or clerk of the corporation substantially in the following form:
(Here insert name of corporation in full and location of principal office.)
Notice is hereby given that a meeting of the board of directors held on the ______ (date) ______ unpaid subscription to the capital stock of the corporation (or the percentage thereof declared due) were declared due and payable ______ (insert when, to whom and where) ______. All stock upon which the subscription, with interest accrued, has not been paid on ____ (date fixed for delinquency) ____ will be delinquent and advertised for sale at public auction, and unless payment of the subscriptions, with interest and costs accrued, is made before sale of the stock, same will be sold on the ___ (date fixed for sale) ____ to pay the amount of the subscription and accrued interest, together with the costs of advertising and expenses of sale.
____________________________
[secretary or clerk]
____________________________
[location of office]
Collected 2026-09-27T03:52:18Z. Source file · JSON