215.45 Sale and exchange of securities.—Securities or investments purchased or held under the provisions of this chapter may be sold or exchanged for other securities or investments; provided, however, that no sale or exchange shall be at a price less than the market price of the securities or investments to be sold or exchanged unless such sale or exchange is pursuant to a call option having a strike price more than the price of the securities on the date the option was written or unless such sale or exchange has received the unanimous approval of the board.
History.—s. 3, ch. 57-353; s. 1, ch. 82-45.
Section: Previous 215.43 215.431 215.44 215.4401 215.441 215.442 215.444 215.45 215.47 215.4701 215.471 215.472 215.473 215.474 215.475 NextLast modified: September 23, 2016