Ca_Law

statute | California

Corporations Code - CORP - CORP § 182

Summary

“Reverse stock split” means the pro rata combination of all the outstanding shares of a class into a smaller number of shares of the same class by an amendment to the articles stating the effect on outstanding shares.

Text

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  • #1 | Corporations Code - CORP - CORP § 182

    “Reverse stock split” means the pro rata combination of all the outstanding shares of a class into a smaller number of shares of the same class by an amendment to the articles stating the effect on outstanding shares.