The cumulative preferred stocks are the preferred stocks that all previously unpaid preferred stock dividends must be paid before any dividends may be paid on the common stock.
—累积优先股是这样一种优先股，所有以前未支付的优先股股利必须在普通股股利支付之前支付。
3
No shares of stock against which the corporation holds unpaid claim shall be transferable in the books of the corporation.