Ca_Law

statute | California

Corporations Code - CORP - CORP § 159

  • UIDca_leginfo_codes:corp-159
  • CitationCorporations Code - CORP - CORP § 159
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

“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.

Text

“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.

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 159

    “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.