Statute · California Corporations Code

Cal. Corp. Code § 182 — General Provisions and Definitions

Cal. Corp. Code § 182

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

“Reverse stock split” means the pro rata combination of all the outstanding shares of a class into a smaller number of shares of the same class by an amendment to the articles stating the effect on outstanding shares.

Citator

Cal. Corp. Code § 182 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Reverse stock split” means the pro rata combination of all the outstanding shares of a class into a smaller number of shares of the same class by an amendment to the articles stating the effect on outstanding shares.