GroundRules
FIN § 1868
Where this section sits in the code
- Financial Code - FIN
- DIVISION 1.1. BANKING [1000. - 1910.]
- CHAPTER 21. International and Foreign Banking and Financing [1850. - 1910.]
- ARTICLE 1. International and Foreign Banking and Financing Corporations [1850. - 1897.]
No corporation shall be the holder of any shares of its own capital stock unless such stock shall have been taken to prevent loss upon a debt previously contracted in good faith, and stock so acquired shall, within six months from the time of its acquisition, be sold or disposed of at public or private sale.
Collected 2026-09-14T05:56:33Z. Source file · JSON