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Re: elkonig post# 83812

Wednesday, 07/10/2019 4:57:53 PM

Wednesday, July 10, 2019 4:57:53 PM

Post# of 138739
I went to fact checking this and found no reference to a company being registered in Delaware and not able to preform a stock buyback. The only time I have found that states when one wouldnt be allowed for a deleware Corp is when

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

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