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North Carolina General Statutes § 117-23 Purchase and cancellation of bonds

Legal Research Home > North Carolina Lawyer

A corporation shall have power out of any funds available therefor to purchase any bonds issued by it at a price not exceeding the principal amount thereof and accrued interest thereon. All bonds so purchased shall be canceled. (1935, c. 291, s. 18.)

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Last modified: February 21, 2012