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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 56-499: Purchase of own obligations

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Where this section sits in the code
  1. Title 56. PUBLIC SERVICE COMPANIES
  2. 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

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