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Purchase and cancellation of bonds.

G.S. 117-23
in effect
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§ 117-23.  Purchase and cancellation of bonds. 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.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_117/GS_117-23.htmlFetched: 10/19/2026

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