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6.10.206 STOCK SUBSCRIPTION AGREEMENT--NO DEFAULT OR PENALTY PROVISION (1) A stock purchase agreement or stock subscription agreement may not contain a default or penalty provision. History: 30-10-107, MCA; IMP, 30-10-105, 30-10-107, MCA; EMERG, NEW, Eff. 7/5/75; AMD, 1988 MAR p. 1803, Eff. 8/12/88; TRANS, from ARM 6.10.110, 2008 MAR p. 2046, Eff. 9/26/08. |
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