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PART I. ADMINISTRATION OF THE GOVERNMENT

TITLE XXII. CORPORATIONS

CHAPTER 156B. CERTAIN BUSINESS CORPORATIONS

STOCKHOLDERS

Chapter 156B: Section 40. Voting by corporation

Section 40. No corporation shall directly or indirectly vote any share of its own stock. Nothing in this section shall be construed as limiting the right of any corporation to vote shares of stock held directly or indirectly by it in a fiduciary capacity.