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Connecticut · Through Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)

Conn. Gen. Stat. § 33-684: Corporation's acquisition of its own shares.

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Where this section sits in the code
  1. TITLE 33. CORPORATIONS
  2. CHAPTER 601*. BUSINESS CORPORATIONS
  3. PART VI. SHARES AND DISTRIBUTIONS

(a) A corporation may acquire its own shares and shares so acquired constitute authorized but unissued shares.

(b) If the certificate of incorporation prohibits the reissue of the acquired shares, the number of authorized shares is reduced by the number of shares acquired.

Collected 2026-09-06T19:07:11Z. Source file · JSON

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