47-16-25. Reacquisition of stock.
23 words·~1 min read·
/sd/title-47/chapter-47-16/47-16-25A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When stock is acquired, recalled, exchanged, or redeemed by the cooperative, such stock is restored to the status of authorized but unissued stock.