Indiana Statutes

§ 8-1-17-17 — Purchase of own obligations

Indiana § 8-1-17-17
JurisdictionIndiana
Art. 1UTILITIES GENERALLY
Ch. 17Telephones─Rural Telephone Cooperative Act

This text of Indiana § 8-1-17-17 (Purchase of own obligations) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 8-1-17-17 (2026).

Text

A cooperative corporation 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 obligations so purchased shall be canceled. Formerly: Acts 1951, c.193, s.17.

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Indiana § 8-1-17-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1-17-17.