Statute · California Corporations Code
Cal. Corp. Code § 2006 — General Provisions Relating to Dissolution
Cal. Corp. Code § 2006
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Distribution may be made either in money or in property or securities and either in installments from time to time or as a whole, if this can be done fairly and ratably and in conformity with the provisions of the articles and the rights of the shareholders, and shall be made as soon as…
Citator
Cal. Corp. Code § 2006 — General Provisions Relating to Dissolution is in force in the current edition of the Code, and nothing recorded condemns it.
Distribution may be made either in money or in property or securities and either in installments from time to time or as a whole, if this can be done fairly and ratably and in conformity with the provisions of the articles and the rights of the shareholders, and shall be made as soon as reasonably consistent with the beneficial liquidation of the corporate assets.