TITLE XXVII
CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
CHAPTER 296
DIVIDEND-PAYING CORPORATIONS
Individual Liability of Stockholders and Officers
Section 296:32
296:32 Railroads. –
Stockholders in railroads shall be liable only to the amount of the par value of their stock therein and not otherwise.
Source.
1869, 39:1. GL 149:8. 1889, 63:1. PS 150:8. 1915, 80:1. PL 228:3. RL 277:3.