What is Class B stock?
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As I know, you can’t share Class B stocks, only transfer them privately. But I can be wrong since I’ve read it once somewhere on the internet, so you better find a more reliable source for that. But if you’re looking for stocks to trade, I wouldn’t buy these ones. In fact, I wouldn’t buy stocks in general because I prefer to trade crypto on British Bitcoin Profit , but it depends on personal preferences, so you can trade stocks, why not. I’ve heard it’s profitable as well.
As I know, you can’t share Class B stocks, only transfer them privately. But I can be wrong since I’ve read it once somewhere on the internet, so you better find a more reliable source for that. But if you’re looking for stocks to trade, I wouldn’t buy these ones. In fact, I wouldn’t buy stocks in general because I prefer to trade crypto on British Bitcoin Profit , but it depends on personal preferences, so you can trade stocks, why not. I’ve heard it’s profitable as well.
Class B stock is considered the base capital of NCB. Each eligible customer receiving a patronage-based loan directly from NCB or NCB, FSB shall own Class B stock equal to at least one percent of the loan at the time the loan is made. NCB currently has outstanding two types of Class B stock. Class B1 stock is Class B stock purchased from existing holders of Class B1 stock subsequent to May 1, 1992. Class B1 stock may be transferable to other NCB borrowers on a first-in, first-out basis, as described below, under policies issued by NCB’s Board of Directors. Class B1 stock purchased from existing stockholders is non-redeemable but can be sold to other NCB borrowers, subject to NCB’s approval. Class B2 stock is Class B stock purchased for cash from NCB prior to June 28, 1984 and any Class B stock distributed as part of NCB’s patronage refund distribution. Class B2 stock is non-redeemable, non-transferable and, like B1 stock, pays no dividends. Under current policies, if a member accumulat
