N.Y. BNK Law § 603
This is the official text of N.Y. BNK Law § 603, part of New York’s BNK Law — part of the compiled statutory law of New York, published by the state as "BNK Law." Browse the sections below, each linked to its official government source.
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Issuance of new certificates of stock or other consideration
Official statutory text
§ 603. Issuance of new certificates of stock or other consideration.\nThe receiving corporation may require the return of the original\ncertificate or certificates held by each stockholder or shareholder in\nsuch other corporation or corporations and may issue in lieu thereof new\ncertificates for such number of its own shares, or pay or deliver such\nother consideration, as such stockholder or shareholder may be entitled\nto receive under the merger plan.\n
Status: in_force · Read it on the official government site
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