17-6103.   Powers respecting securities of other corporations orentities.Any corporation organized under the laws of this state may guarantee,purchase, take, receive, subscribe for or otherwise acquire; own, hold, useor otherwise employ; sell, lease, exchange, transfer or otherwise disposeof; mortgage, lend, pledge or otherwise deal in and with, bonds and otherobligations of, or shares or other securities or interests in, or issuedby, any other domestic or foreign corporation, partnership, association, orindividual, or by any government or agency or instrumentality thereof. Acorporation while owner of any such securities may exercise all the rights,powers and privileges of ownership, including the right to vote.

      History:   L. 1972, ch. 52, § 13; July 1.