Section 393:34 On Death of Shareholder.
Upon the death of a shareholder, his legal representatives shall be entitled to receive the full amount paid in by him, together with an equitable proportion of the profits pertaining to his shares, less all fines and charges against him at the time of his decease and a proportionate share of any unadjusted losses then existing.
Source. 1887, 93:5. PS 166:15. PL 266:20. 1939, 72:16. RL 314:30.