{"data":{"id":"us-ca/fin-1868","jurisdiction":"us-ca","citation":"FIN § 1868","heading":"","body":"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.","path":["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.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"b5a80e58b03cc0a597ce8e82f49ddd90195754df8e93ad8242beea1b8a397cfb","source_id":"us-ca","stale":false,"prev":"us-ca/fin-1867","next":"us-ca/fin-1869"},"notice":"GroundRules: Original legal text. Not legal advice."}