42 U.S.C. § 3935 — Financing the corporation

FEDERAL · 42 U.S.C. · Chapter 49

Financing the corporation

42 U.S.C. § 3935

Chapter49 — NATIONAL HOUSING PARTNERSHIPS

This text of 42 U.S.C. § 3935 (Financing the corporation) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

42 U.S.C. § 3935.

Text

The corporation shall have the power to create and issue the number of shares stated in its articles of incorporation. Such shares may be divided into one or more classes, any or all of which classes may consist of shares with par value or shares without par value, with such designations, preferences, voting powers, and special or relative rights and such limitations, restrictions, or qualifications thereof as shall be stated in the articles of incorporation. The articles of incorporation may limit or deny the voting power of the shares of any class.

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The corporation shall have the power to create and issue the number of shares stated in its articles of incorporation. Such shares may be divided into one or more classes, any or all of which classes may consist of shares with par value or shares without par value, with such designations, preferences, voting powers, and special or relative rights and such limitations, restrictions, or qualifications thereof as shall be stated in the articles of incorporation. The articles of incorporation may limit or deny the voting power of the shares of any class.

Source Credit

History

(Pub. L. 90–448, title IX, §905, Aug. 1, 1968, 82 Stat. 548.)

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Bluebook (online)

42 U.S.C. § 3935, Counsel Stack Legal Research, https://law.counselstack.com/usc/42/3935.