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§ 56.499 — Virginia Law | CourtGPT
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Virginia Legal Code

§ 56.499

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A cooperative shall have power out of any funds available therefor to purchase any obligations issued by it at a price not exceeding the principal amount thereof and accrued interest thereon. All bonds so purchased shall be cancelled.\n1950, p. 593; 1956, c. 434.

Source: https://law.lis.virginia.gov/vacode/56-499/· Version 2026