(a)
- (1) Each commercial bank shall keep a stock ledger, which shall contain the name and address of each stockholder and the number of shares of stock that the stockholder holds.
- (2) In any proceeding, the stock ledger is presumptive evidence of the facts stated in it.
(b)
- (1) Any stockholder, director, or officer of a commercial bank may inspect the stock ledger during usual business hours.
- (2) Failure to show the stock ledger to an individual on that individual's rightful demand subjects the officer responsible for the failure to a civil penalty of $50, payable to the Commissioner.
Added by Acts 1980, c. 33, § 2, eff. July 1, 1980. Amended by Acts 1996, c. 326, § 2, eff. July 1, 1996.