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<br />I <br />I <br />I <br />I <br />I <br />I <br />o <br />I <br />o <br />D <br />D <br />D <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />but not less than the amount of the delinquent assessment or <br />assessments, plus accrued penalties, plus the costs of sale, <br />provided, however, that the subject shares shall no~ be sold <br />to any person or entity who is not a shareholder of the <br />company on the date of said sale. The delinquent shares <br />shall be sold in a block, if possible, but if no satisfactory <br />bids are received for the entire block of shares, the selling <br />officer may offer the shares in smaller blocks or one by <br />one. The proceeds of the sale over and above the amount due <br />on the shares (including penalties and costs of sale), if <br />any, shall be paid to the delinquent stockholder. New <br />certificate or certificates shall be issued to the purchaser <br />or purchasers and the certificate or certificates of the <br />delinquent shareholders shall be cancelled on the books of <br />the company. The delinquent shareholder may, at any time <br />prior to actual sale of the shares, redeem said shares by <br />payment in full of the amounts due thereon, including assess- <br />ments, accrued penalties, and any costs incurred by the <br />company in attempting to collect said amounts. <br />The remedies provided in this section are cumula- <br />tive and not exclusive, and shall not be deemed to prevent <br />the collection of assessments (and penalties thereon) by any <br />other lawful means. <br /> <br />-19- <br />