§412:5A-211 - Prohibited corporate activities.
§412:5A-211 Prohibited corporate
activities. No international banking corporation shall directly or
indirectly:
(1) Engage in commerce or trade in commodities,
except as specifically provided in this part, or control or fix, or attempt to
control or fix, the price of any commodities; or
(2) Make any discount to any person for the purpose
of enabling the person to pay for or hold shares of its stock either subscribed
for or purchased by the person.
Any violation of this section shall subject the
international banking corporation to the revocation of its approval, and to
such penalties and administrative fines prescribed under article 2. [L 1993, c
350, pt of §1]