NC General Statutes
N.C. Gen. Stat. § 117-23 (2026)
Purchase and cancellation of bonds
✓ current as of July 2026
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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.)