Ca_Law

statute | California

Financial Code - FIN - FIN § 1120

  • UIDca_leginfo_codes:fin-1120
  • CitationFinancial Code - FIN - FIN § 1120
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

A bank may, with the approval of its board, determine and from time to time redetermine the par value of any class or series of its shares unless its articles provide that such shares shall have par value and specify the par value of such shares.

Text

A bank may, with the approval of its board, determine and from time to time redetermine the par value of any class or series of its shares unless its articles provide that such shares shall have par value and specify the par value of such shares.

Retrieval chunks

  • #1 | Financial Code - FIN - FIN § 1120

    A bank may, with the approval of its board, determine and from time to time redetermine the par value of any class or series of its shares unless its articles provide that such shares shall have par value and specify the par value of such shares.