Ca_Law

statute | California

Corporations Code - CORP - CORP § 406

  • UIDca_leginfo_codes:corp-406
  • CitationCorporations Code - CORP - CORP § 406
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

Unless the articles provide otherwise, the board may issue shares, options or securities having conversion or option rights without first offering them to shareholders of any class.

Text

Unless the articles provide otherwise, the board may issue shares, options or securities having conversion or option rights without first offering them to shareholders of any class.

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 406

    Unless the articles provide otherwise, the board may issue shares, options or securities having conversion or option rights without first offering them to shareholders of any class.