Connecticut General Statutes
Chapter 904 - Attachments
Section 52-289. - Attachment of corporate rights or shares.

Rights or shares in the stock of any corporation, together with the dividends and profits due and growing due thereon, may be attached and taken on execution. Such attachment shall be made by leaving a true and attested copy of the process and of the accompanying complaint, with the proper endorsement thereon of the officer serving the same, with the defendant or at his usual place of abode, if within the state, and with the secretary, clerk or cashier of such corporation or, if such corporation has no secretary, clerk or cashier or if he is absent from the state, then at the principal place in the state where such corporation transacts its business or exercises its corporate powers. When an officer with a writ of attachment applies to such secretary, clerk or cashier, for the purpose of attaching such rights or shares, the secretary, clerk or cashier shall furnish him with a certificate, under his hand, in his official capacity, specifying the number of rights or shares which the defendant holds in the stock of such corporation, with the encumbrances thereon, if any, and the amount of dividends thereon due, and upon the failure of any secretary, clerk or cashier to furnish such officer with such certificate, he shall be fined not more than two hundred dollars. Such rights or shares, together with the dividends and profits, shall be held to respond to the judgment which may be recovered in such action for sixty days after its rendition; but no attachment of shares of stock for which a certificate is outstanding shall be valid until such certificate is actually seized by the officer making the attachment, or is surrendered to the corporation which issued it.

(1949 Rev., S. 8031; 1959, P.A. 574, S. 5.)
History: 1959 act deleted provision which stated as possible condition for valid attachment that attachment of stock shares for which certificate is outstanding is not valid until “its transfer by the holder [is] enjoined”.
Absence of cashier. 17 C. 259. Equitable interests in stock can be taken. 33 C. 379. Equitable interest in stock of foreign corporation, held here as collateral, is not attachable. 53 C. 400. Proceedings to attach shares of stock owned by nonresident in corporation of this state. 84 C. 618. Provision concerning dividends. 242 U.S. 357. Effect of false statement as to amount of stock owned by defendant, made by secretary of corporation to officer; liability of corporation on grounds of estoppel. 100 C. 260.
Cited. 5 CS 388; 16 CS 95.

Structure Connecticut General Statutes

Connecticut General Statutes

Title 52 - Civil Actions

Chapter 904 - Attachments

Section 52-279. - When attachments may be granted.

Section 52-280. - Service of writ of attachment.

Section 52-281. - Order for attachment on plaintiff's application during pendency of action.

Section 52-283. - Certain attachments effective without removal of property.

Section 52-283a. - Discharge of attachment.

Section 52-284. - Attachment against nonresident.

Section 52-285. - Attachment of real estate.

Section 52-286. - Attachment of leasehold interests.

Section 52-287. - Attachment of fixtures of telephone or electric distribution company or association.

Section 52-288. - Attachment of railroad cars and motor vehicles.

Section 52-289. - Attachment of corporate rights or shares.

Section 52-290 and 52-291. - Attachment of property purchased on condition. Disclosure by vendor of claim on the property.

Section 52-292. - Attachment in actions against voluntary associations and their members.

Section 52-293. - Sale of attached livestock and perishable property.

Section 52-294. - Procedure on sale of attached property.

Section 52-295. - Costs and expenses of appraisal.

Section 52-296. - Disposition of avails of attachment sale.

Section 52-297. - Avails of attachment sale may be attached.

Section 52-298. - Defendant may take avails of sale on giving bond.

Section 52-299. - Attachment of partnership property for partner's debt.

Section 52-300. - Discontinuance of attachment proceedings; security.

Section 52-301 to 52-303. - Statement of claim of plaintiff may be required on defendant's application. Discharge of excessive attachment; cost of proceeding.

Section 52-304. - Dissolution of attachment by substitution of bond or lien.

Section 52-305. - Form of application for dissolution.

Section 52-306. - Notice of application to dissolve attachment.

Section 52-307. - Amount of attachment bond or substitute lien; hearing as to sufficiency.

Section 52-308. - Form of attachment bond.

Section 52-309. - Return of application, bond or certified copy of lien and proceedings.

Section 52-310. - Certificate of dissolution of attachment.

Section 52-311. - Attachment; new bond or lien may be required.

Section 52-312 to 52-320. - Discharge from arrest on mesne process. Bail when person arrested on civil process. Special bail required in order to plead. Taking of bail after term or session of court. Liability of surety on bail bond. Actions on bail...

Section 52-321. - Liability of income of trust fund to creditors. Expenses of trustee.

Section 52-321a. - Trust or retirement income and certain retirement, education and medical savings accounts and group annuity contracts unavailable to creditors. Exceptions for qualified domestic relations order, recovery of costs of incarceration a...

Section 52-322. - Certificate of plaintiff dissolving attachment and removing lien upon happening of certain events or attachment becoming ineffective.

Section 52-323. - Penalty for not filing certificate.

Section 52-324. - Certificate of court clerk upon happening of certain events or attachment becoming ineffective.

Section 52-325. - Notice of lis pendens.

Section 52-325a. - Application for discharge. Forms. Hearing.

Section 52-325b. - Burden of proof at hearing. Order of court.

Section 52-325c. - Appeal.

Section 52-325d. - Motion for discharge of invalid notice of lis pendens.

Section 52-325e. - Duration of notice of lis pendens. Rerecording.

Section 52-326. - Discharge of lis pendens and invalid liens.

Section 52-327. - Duration of attachment lien on real estate. Discharge upon expiration.

Section 52-328. - Duration of attachment liens after judgment.