10-11904. Powers of corporation sole
Upon executing and filing for record articles of incorporation as provided in this article, the person subscribing thereto and his successor in office by the name or title specified in the articles, shall thereafter be deemed a corporation sole with perpetual succession, and may acquire and possess, by gift, bequest, devise or purchase, and hold property, sell, rent or otherwise dispose of such property, borrow money and give written security therefor, and secure payment thereof by mortgage or other lien.
Section: Previous 10-11802 10-11803 10-11804 10-11805 10-11806 10-11901 10-11902 10-11903 10-11904 10-11905 10-11906 10-11907 10-11908 10-11909 NextLast modified: October 13, 2016