Statute · California Corporations Code
Cal. Corp. Code § 172 — General Provisions and Definitions
Cal. Corp. Code § 172
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Liquidation price” or “liquidation preference” means amounts payable on shares of any class upon voluntary or involuntary dissolution, winding up or distribution of the entire assets of the corporation, including any cumulative dividends accrued and unpaid, in priority to shares of another…
Citator
Cal. Corp. Code § 172 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“Liquidation price” or “liquidation preference” means amounts payable on shares of any class upon voluntary or involuntary dissolution, winding up or distribution of the entire assets of the corporation, including any cumulative dividends accrued and unpaid, in priority to shares of another class or classes.