Log In Create Account
Codal Library

Section 68. When Sale May be Questioned - Revised Corporation Code

Section 68. When Sale May be Questioned of Revised Corporation Code. Section 68. When Sale May be Questioned. - No action to recover delinquent stock sold can be sustained upon the ground of irregularity or defect

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

Revised Corporation Code

Section 68. When Sale May be Questioned. - No action to recover delinquent stock sold can be sustained upon the ground of irregularity or defect in the notice of sale, or in the sale itself of the delinquent stock, unless the party seeking to maintain such action first pays or tenders to the party holding the sum for which the same was sold with interest from the date of sale at the legal rate. No such action shall be maintained unless a complaint is filed within six (6) months from the date of sale.

Clara

Hello