California Corporations Code

§ 159

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

CORP § 159Div. 1 · Title 1 · Ch. 1

Statute text

View on leginfo.ca.gov

“Common shares” means shares which have no preference over any other shares with respect to distribution of assets on liquidation or with respect to payment of dividends.

Legislative history

Added by Stats. 1975, Ch. 682.