Section 62.235 - Recall, exchange or redemption of stock or other evidence of equity by cooperative.
OR Rev Stat § 62.235 (2019) (N/A)
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(2) When shares are acquired, recalled, exchanged or redeemed by the cooperative, such shares shall be restored to the status of authorized but unissued shares. [1957 c.716 §14; 1993 c.428 §1]