Va. Code § 56-499

Current with changes from the 2024 legislative session through ch. 845
Section 56-499 - Purchase of own obligations

A cooperative shall have power out of any funds available therefor to purchase any obligations issued by it at a price not exceeding the principal amount thereof and accrued interest thereon. All bonds so purchased shall be cancelled.

Va. Code § 56-499

1950, p. 593; 1956, c. 434.
Amended by Acts 1956, c.434.
Amended by Acts 1950, § p. 593.