{"id":247,"date":"2014-10-21T15:30:38","date_gmt":"2014-10-21T15:30:38","guid":{"rendered":"http:\/\/dgclsimplified.com\/?page_id=247"},"modified":"2015-02-20T21:29:51","modified_gmt":"2015-02-20T21:29:51","slug":"%c2%a7-243-retirement-of-stock","status":"publish","type":"page","link":"https:\/\/simplifiedcodes.com\/?page_id=247","title":{"rendered":"\u00a7 243. Retirement of stock."},"content":{"rendered":"<ol style=\"list-style-type: lower-alpha;\">\n<li> The board may retire shares issued but not outstanding.<\/li>\n<li> Retired shares become authorized and unissued. To the extent the charter prohibits reissuance, a certificate stating this and the shares\u2019 retirement shall be filed in accordance with \u00a7 103(a)-(d). Such certificate amends the charter so as to reduce accordingly the number of authorized shares and, where applicable, removing all references to a retired class.<\/li>\n<li> A reduction of capital in connection with the retirement is subject to \u00a7 244.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The board may retire shares issued but not outstanding. Retired shares become authorized and unissued. To the extent the charter prohibits reissuance, a certificate stating this and the shares\u2019 retirement shall be filed in accordance with \u00a7 103(a)-(d). Such certificate amends the charter so as to reduce accordingly the number of authorized shares and, where [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":241,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"_links":{"self":[{"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages\/247"}],"collection":[{"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=247"}],"version-history":[{"count":3,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages\/247\/revisions"}],"predecessor-version":[{"id":527,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages\/247\/revisions\/527"}],"up":[{"embeddable":true,"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=\/wp\/v2\/pages\/241"}],"wp:attachment":[{"href":"https:\/\/simplifiedcodes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}