(1) Persons who have subscribed to shares jointly shall be jointly and severally liable for the payment of the subscription price.
(2) Where a share belongs jointly to two or more persons, they shall designate one from among themselves who is to exercise the rights of a shareholder.
(3) Where no one is designated to exercise the rights of a shareholder, notice or peremptory notice required to be given to the co-owners may be given to any one of them.