Indiana · Snapshot 2026

IC 8-1-17-17: Purchase of own obligations

Where this section sits in the code

TITLE 8. UTILITIES AND TRANSPORTATION
ARTICLE 1. UTILITIES GENERALLY
Chapter 17. Telephones─Rural Telephone Cooperative Act

Sec. 17. A cooperative corporation shall have power out of any funds available therefor to purchase any obligations issued by it at a price not exceeding the principal amount thereof and accrued interest thereon. All obligations so purchased shall be canceled.

Collected 2026-10-04T20:08:46Z. Source file · JSON

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