CORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS
COOPERATIVE MARKETING AND RURAL ELECTRIFICATION ASSOCIATIONS
Membership and Stock Certificates, Etc.
301:29 Preferred Stock.
Any association organized with stock may issue preferred stock, with or without the right to vote. Such stock may be sold to any person, member, or nonmember, and may be redeemable or retirable by the association on such terms and conditions as may be provided in the certificate of organization and printed on the face of the stock certificate.
Source. 1925, 33:13. PL 224:29. RL 273:29.