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SB 388, 58th R.S.

Relating to amending the Uniform Stock Transfer Act, to provide that whenever two or more registered owners of corporate shares have given the corporation notice of a written agreement between them providing for the disposition of all rights of a shareholder on his death, or for survivorship in the remaining owners, no liability will accrue to the corporation because of any claim adverse to the ownership shown in the agreement, unless the corporation has notice of such claims.

Author: Murray Watson, Jr.

Session Law Chapter:
Acts 1963, 58th R.S.,ch. 451, General and Special Laws of Texas

Subjects:
Corporations & Associations
Financial--General

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