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Simple English definitions for legal terms

paid-up stock

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A quick definition of paid-up stock:

Paid-up stock refers to a type of stock where the shareholder has already paid the full amount for the shares they own, and no further payments are required. This means that the company cannot demand any more money from the shareholder. Paid-up stock is a type of equity security issued by a corporation, and it grants the shareholder the right to participate in the company's general management and to share in its net profits or earnings.

A more thorough explanation:

Definition: Paid-up stock is a type of stock that has been fully paid for by the shareholder and no further payments can be demanded by the issuing company.

Example: If a company issues 100 shares of paid-up stock and a shareholder buys 10 shares, they must pay the full price for those 10 shares upfront. The shareholder cannot be asked to pay any more money for those shares in the future.

Explanation: Paid-up stock is different from other types of stock, such as assessable stock, which can be subject to resale by the issuer if the holder fails to pay any assessment levied on it. Paid-up stock is fully paid for and the shareholder has no further financial obligation to the company. This type of stock is often used by companies to raise capital for their operations.

paid-up policy | pain of, on

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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