N.C. Gen. Stat. § 117-23
Purchase and cancellation of bonds
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
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.
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.
History
(1935, c. 291, s. 18.)
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.