Va. Code § 56-499: Purchase of own obligations
Where this section sits in the code
- Title 56. PUBLIC SERVICE COMPANIES
- Chapter 16. TELEPHONE COOPERATIVES ACT
A cooperative 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 bonds so purchased shall be cancelled.1950, p. 593; 1956, c. 434.
Collected 2026-09-04T15:17:34Z. Source file · JSON