Statute · California Corporations Code

Cal. Corp. Code § 12246.2 — General Provisions and Definitions

Cal. Corp. Code § 12246.2

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2014-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

“Series” of memberships means memberships within a class of memberships that have the same rights, privileges, preferences, restrictions, and conditions, but that differ in one or more rights, privileges, preferences, restrictions, or conditions from other memberships within the class.…

Citator

Cal. Corp. Code § 12246.2 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Series” of memberships means memberships within a class of memberships that have the same rights, privileges, preferences, restrictions, and conditions, but that differ in one or more rights, privileges, preferences, restrictions, or conditions from other memberships within the class. Certificated securities and uncertificated securities do not constitute a different series if the only difference is certificated and uncertificated status.