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Code · Wisconsin · Chapter 623 — Insurance — accounting and reserves

623.34 Accounting for repurchased shares.

36 words·~1 min read·/wi/chapter-623/623-34

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623.34 Accounting for repurchased shares. When a corporation acquires its own shares under s. 611.34 or in any other way, the acquired shares shall be accounted for as a deduction from capital and not as assets.
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