ARTICLE 4. Issuance of Stock and Certificates [5620. - 5624.]

Article 4 added by Stats. 1983, Ch. 1091, Sec. 2.

§§ 5620–5624 · 5 sections

• § 5620 (a) A stock association may issue shares of common stock and preferred stock, with or without par value, and common and preferred stock may be divided into…
• § 5621 (a) With the approval of the commissioner, a mutual association may amend its articles of incorporation to authorize the issuance of stock and may issue stock.…
• § 5622 Capital stock of a stock association shall be issued pursuant to the following requirements: (a) Except for stock issued pursuant to a stock dividend, stock…
• § 5623 A mutual association may issue mutual capital certificates in accordance with regulations of the commissioner.
• § 5624 An association may issue net worth certificates in accordance with applicable regulations of the Office of Thrift Supervision or the Federal Deposit Insurance…