17-6103. Powers respecting securities of other corporations or entities.
17-6103
17-6103. Powers respecting securities of other corporations or
entities.
Any corporation organized under the laws of this state may guarantee,
purchase, take, receive, subscribe for or otherwise acquire; own, hold, use
or otherwise employ; sell, lease, exchange, transfer or otherwise dispose
of; mortgage, lend, pledge or otherwise deal in and with, bonds and other
obligations of, or shares or other securities or interests in, or issued
by, any other domestic or foreign corporation, partnership, association, or
individual, or by any government or agency or instrumentality thereof. A
corporation 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.