Sri Lanka Consolidated Acts

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National Development Bank Of Sri Lanka. Act (No. 2 of 2005) - Sect 28

National Development Bank Debentures and Stock

28.
(1) The Board of Directors may create and issue debentures and stock, and the debentures and stock so created and Issued shall in this Act be referred to as " National Development Bank Debentures " and " National Development Bank Stock ", respectively.
(2) National Development Bank Debentures and National Development Bank Stock shall be issued, transferred, dealt with, redeemed and cancelled in accordance with such terms and conditions as may be determined by the Board of Directors.

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