Ca_Law

statute | California

Corporations Code - CORP - CORP § 5043

Summary

“Common shares,” as used in Part 3 (commencing with Section 7110), 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.

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  • #1 | Corporations Code - CORP - CORP § 5043

    “Common shares,” as used in Part 3 (commencing with Section 7110), 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.