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2016 Statute



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17-6421.Special purpose reserves. The directors of a corporation may set apart out of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve.

History: L. 1972, ch. 52, § 48; July 1.



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2017. Powered by KLISS. Rendered: 2017-10-07T18:03:38. Head Rev No: 272629