§ 4649 - Purchase and disposition of own obligations
§ 4649. Purchase and disposition of own obligations
The bank may purchase bonds or notes of the bank out of any of its funds or money available therefor. The bank may hold, cancel or resell the bonds or notes subject to and in accordance with agreements with holders of its bonds or notes. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970.)