Connecticut Statutes

§ 33-684 — Corporation's acquisition of its own shares.

Connecticut § 33-684
JurisdictionConnecticut
Title 33Corporations
Ch. 601Business Corporations

This text of Connecticut § 33-684 (Corporation's acquisition of its own shares.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Conn. Gen. Stat. § 33-684 (2026).

Text

(a)A corporation may acquire its own shares and shares so acquired constitute authorized but unissued shares.
(b)If the certificate of incorporation prohibits the reissue of the acquired shares, the number of authorized shares is reduced by the number of shares acquired.

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Legislative History

(P.A. 94-186, S. 54, 215; P.A. 96-271, S. 44, 254; P.A. 03-18, S. 4.) History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 amended Subsec. (b) to replace “articles” of incorporation with “certificate” of incorporation and amended Subsec. (c) to replace “articles” of amendment with “a certificate” of amendment, effective January 1, 1997; P.A. 03-18 amended Subsec. (b) to make a technical change and delete provision re reduction effective upon amendment of the certificate of incorporation and deleted former Subsec. (c) re adoption, filing and contents of certificate of amendment, effective July 1, 2003.

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Bluebook (online)
Connecticut § 33-684, Counsel Stack Legal Research, https://law.counselstack.com/statute/ct/33-684.