Ca_Law

statute | California

Corporations Code - CORP - CORP § 505

Summary

Nothing in this chapter prohibits additional restrictions upon the declaration of dividends or the purchase or redemption of a corporation’s own shares by provision in the articles or bylaws or in any indenture or other agreement entered into by the corporation.

Text

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 505

    Nothing in this chapter prohibits additional restrictions upon the declaration of dividends or the purchase or redemption of a corporation’s own shares by provision in the articles or bylaws or in any indenture or other agreement entered into by the corporation.