 | New York (State) - Law - 1917 - 954 pages
...on his stock ; or, 5. To apply any portion of the funds of such corporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock, Is guilty of a misdemeanor. i 964 Corporations L. 1909, ch. 88 6. Issues, participates in issuing,... | |
 | United States. Congress. House - United States - 1841 - 1400 pages
...the said directors apply, or suffer to be applied, any portion of the funds of the said corporation, directly or indirectly, to the purchase of shares of its own stock ; nor shall the said directors, or any of them, receive as a security for any loan or discount, or in payment or... | |
 | New York (State) - Criminal law - 1922 - 2138 pages
...on his stock ; or, 5. To apply any portion of the funds of such corporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock, Is guilty of a misdemeanor. An officer or director of a stock corporation who : 6. Issues, participates... | |
 | Tennessee - Law - 1913 - 772 pages
...on his stock; or (5) to apply any portion of the funds of such corporation except as allowed by law, directly or indirectly, to the purchase of shares of its own stock, is guilty of a misdemeanor, and on conviction must be PeBalty imprisoned in the county jail not more... | |
 | New York (State) - Law - 1859 - 1062 pages
...stock ; 5. To apply any portion of the funds of their corporation except sBarb., 12. surplus profits directly or indirectly, to the purchase of shares of its own stock; 6. To receive any such shares in payment or satisfaction of any debt due to their corporation, except... | |
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To apply any portion of the funds of such corporation, except surplus profits, directly or indirectly, to the purchase of shares of its own stock ; or 6. 
