Notwithstanding any other provision of law, any person, corporation, public utility,
financial institution, or labor union may acquire, hold, sell, assign, transfer, mortgage,
pledge, or otherwise dispose of any bonds, notes, debentures, securities, or other
evidences of indebtedness or the shares of capital stock of a corporation created
under this article; but the amount of capital stock which may be acquired by any
member of such corporation shall not exceed ten percent of the loan limit of that
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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