17-5417


Chapter 17.--CORPORATIONS


Article 54.--SAVINGS AND LOAN CODE; CAPITAL

     
17-5417.   Redemption price.
The redemption price of shares redeemed shall be the full value of the
shares redeemed, as determined by the board of directors, but in no event
shall the redemption price be less than the repurchase value.

     
History:   L. 1943, ch. 133, § 75; July 1.