77-5-245 - Purchase and cancellation of bonds. - Mississippi Statutes

§ 77-5-245. Purchase and cancellation of bonds.
 

A corporation shall have power out of any funds available therefor to purchase any bonds issued by it at a price not exceeding the principal amount thereof and accrued interest thereon. All bonds so purchased shall be canceled. 
 

Sources: Codes, 1942, § 5479; Laws,  1936, ch. 184.