(1) Where treasury shares of stock are accepted in pledge, this is equivalent to the purchase of treasury shares of stock pursuant to section 71 (1) and (2) and section 71d. However, a credit institution, financial services provider or securities institution may, in the normal course of its business, accept treasury shares of stock in pledge up to the portion of the capital stock as determined in section 71 (2) sentence 1. Section 71a applies accordingly.
(2) A violation of subsection (1) will render the acceptance in pledge of treasury shares of stock ineffective if the issue price for them has not yet been fully paid in. A transaction under the law of obligations as to the acceptance in pledge of treasury shares of stock will be null and void insofar as the purchase violates subsection (1).