Alabama Code (Last Updated: November 28, 2014) |
Title6 CIVIL PRACTICE. |
Chapter6. REMEDIES. |
Article9. Garnishments. |
Division3. What May Be Garnished. |
§6-6-414. Unpaid subscription of stock.
Latest version.
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Any creditor of a corporation may, by garnishment, subject the unpaid subscription of any stockholder in such corporation to the payment of its debts, without regard to whether the corporation can commence an action against the stockholder for such subscription or not.