SECTION 85:25-3-50. Transfer of shares

Latest version.

Any owner of any of the shares of the capital stock of an association may make disposition of such shares by written assignment endorsed upon the certificates of stock and by delivery of same, but no such assignment shall be effectual to transfer title to such shares of stock until same are transferred upon the stock books of the corporation.

[Source: Transferred from 625:10-5-12 (see Editor’s Note at beginning of this Chapter)]

                    
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