497.11  Ownership of shares and voting power limited.

No stockholder in any such association shall own shares of a greater aggregate par value than five thousand dollars, except as hereinafter provided, nor shall a stockholder be entitled to more than one vote.

Section History: Early form

  [SS15, § 1641-r8; C24, 27, 31, 35, 39, § 8469; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 497.11]


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