2019 U.S. Virgin Islands Code
Title 13 - Corporations and Associations
Chapter 7 - Cooperative Corporations
§ 580. Purchase of own shares or memberships
Universal Citation:
V.I. Code tit. 13, § 580 (2019)
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The corporation has the right to purchase, at book value as conclusively determined by the directors, any of its shares or memberships offered for transfer, or the stock or membership of any deceased shareholder.
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