13.1-302 - Limitation of individual stockholding.

§ 13.1-302. Limitation of individual stockholding.

No holder of common stock in any stock cooperative association shall ownshares of a greater par value than $1,000, except as hereinafter provided, orbe entitled to more than one vote.

(Code 1950, § 13-239; 1956, c. 428; 1994, c. 217.)