Followers | 23 |
Posts | 1691 |
Boards Moderated | 1 |
Alias Born | 07/06/2017 |
Wednesday, July 10, 2019 4:57:53 PM
relevant law of its state of incorporation, including laws setting forth capital or surplus requirements to repurchase shares. For example, Section 160 of the Delaware General Corporation Law prohibits a corporation from purchasing its shares of capital stock when the purchase “would cause any impairment of the capital of the corporation”;
Sourced
https://corpgov.law.harvard.edu/2013/03/14/questions-surrounding-share-repurchases/
I also checked this and 0 reference made towards not allowing a share repurchase
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.mnat.com/files/1-519-2507.pdf&ved=2ahUKEwiCmr3InKvjAhUS-J8KHfhmDswQFjAAegQIBBAB&usg=AOvVaw3HExgNABwaeEy2dRQp2Gih
Heros get remembered but legends never die
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM