Part 9. FINANCIAL STRUCTURE  


§ 7-1-410. Minimum capital stock
§ 7-1-411. Paid-in capital and appropriated retained earnings
§ 7-1-412. Beginning business expense fund
§ 7-1-413. Classes of shares
§ 7-1-414. Purchase, redemption, and convertibility of shares and debt securities
§ 7-1-415. Consideration for shares
§ 7-1-416. Method of issuance
§ 7-1-417. Share certificates and debt security instruments
§ 7-1-418. Issuance and transfer of fractional shares or scrip
§ 7-1-419. Subordinated securities

REFS & ANNOS

TITLE 7 Chapter 1 Article 2 Part 9 NOTE

CROSS REFERENCES. --Applicability of security-registration requirements to securities issued by or guaranteed by banks or trust companies, § 10-5-8.
 
OPINIONS OF THE ATTORNEY GENERAL
 
CHARTER MAY NOT BE AMENDED TO PROVIDE AUTHORIZED BUT UNISSUED SHARES. --A regulated certificated bank is not authorized by law to amend its charter to provide for authorized but unissued shares of common stock. 1974 Op. Att'y Gen. No. 74-149.