§412:5A-210  Acquisition of stock to
save a loss.  Nothing in this part shall prevent an international banking
corporation from acquiring and holding stock in any corporation if the
acquisition is necessary to prevent a loss upon a debt previously contracted in
good faith; provided, that stock so acquired shall within twelve months from
the acquisition be sold or disposed of at public or private sale, or within
such further time as may be granted by the commissioner. [L 1993, c 350, pt of
§1]