Common use of Community interest in stock Clause in Contracts

Community interest in stock. When stock of the corporation is owned by husband and wife as community prop- erty (or the income from the stock is community property), or is owned by tenants in common, joint tenants, or tenants by the entirety, each person having a community interest in the stock or income therefrom and each tenant in common, joint tenant and tenant by the entirety must consent to the election.

Appears in 6 contracts

Samples: www.govinfo.gov, www.govinfo.gov, www.govinfo.gov

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