{"data":{"id":"us-nc/n.c.-gen.-stat.-117-23","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 117-23","heading":"Purchase and cancellation of bonds.","body":"A corporation shall have power out of any funds available therefor to purchase any bonds issued by it at a price not exceeding the principal amount thereof and accrued interest thereon. All bonds so purchased shall be canceled. (1935, c. 291, s. 18.)","path":["Chapter 117. Electrification.","Article 2. Electric Membership Corporations."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_117/GS_117-23.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:18:27Z","sha256":"90d6e7e878b8b84dfd0be8f74cd5419327616dd04fd7959250a530a5bdc3f13c","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-117-22","next":"us-nc/n.c.-gen.-stat.-117-24"},"notice":"GroundRules: Original legal text. Not legal advice."}