Section 77-5-239 - Power of corporation to incur obligations and liabilities, borrow money, issue notes, bonds, etc

A corporation shall have the power to incur obligations and liabilities, borrow money, issue notes, bonds, certificates of indebtedness and other obligations, and to enter into contracts of guaranty.Codes, 1942, § 5477; Laws, 1936, ch. 184; Laws, 1970, ch. 423, § 2, eff. 3/26/1970.Amended by Laws, 2016, ch. 387, HB 1139, 15, eff. 7/1/2016.