Liability of Stockholders. The holders of the capital stock of the Corporation shall not be personally liable for the payment of the Corporation's debts, and the private property of the holders of the capital stock of the Corporation shall not be subject to the payment of debts of the Corporation to any extent whatsoever.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Duke Energy Corp), Agreement and Plan of Merger (Florida Power & Light Co), Agreement and Plan of Merger (Cinergy Corp)
Liability of Stockholders. The holders of the capital stock of the Corporation shall not be personally liable for the payment of the Corporation's ’s debts, and the private property of the holders of the capital stock of the Corporation shall not be subject to the payment of debts of the Corporation to any extent whatsoever.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Duke Energy CORP), Agreement and Plan of Merger (Duke Energy Corp), Agreement and Plan of Merger (Cinergy Corp)
