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Section 6-6-414 - Unpaid Subscription of Stock — Alabama Law | CourtGPT
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  4. Title 6 - Civil Practice/
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  8. Section 6-6-414 - Unpaid Subscription of Stock
Alabama Legal Code

Section 6-6-414 - Unpaid Subscription of Stock

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Any creditor of a corporation may, by garnishment, subject the unpaid subscription of any stockholder in such corporation to the payment of its debts, without regard to whether the corporation can commence an action against the stockholder for such subscription or not.

Source: https://alison.legislature.state.al.us/code-of-alabama?section=6-6-414· Version 2026