Statute · California Corporations Code

Cal. Corp. Code § 188 — General Provisions and Definitions

Cal. Corp. Code § 188

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

“Stock split” means the pro rata division, otherwise than by a share dividend, of all the outstanding shares of a class into a greater number of shares of the same class by an amendment to the articles stating the effect on outstanding shares.

Citator

Cal. Corp. Code § 188 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Stock split” means the pro rata division, otherwise than by a share dividend, of all the outstanding shares of a class into a greater number of shares of the same class by an amendment to the articles stating the effect on outstanding shares.