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2019 Tennessee Code
Title 59 - Mines and Mining
Chapter 13 - Coal Cooperative Marketing Associations
§ 59-13-126. Preferred stock.
Universal Citation: TN Code § 59-13-126 (2019)
Any association organized with stock under this chapter 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 retireable by the association on such terms and conditions as may be provided for by the articles of incorporation and printed on the face of the certificate.
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