Statute · California Corporations Code
Cal. Corp. Code § 2302.5 — Transition Provisions
Cal. Corp. Code § 2302.5
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The absence of any reference to par value in the articles of a corporation which is subject to the prior law relating to the contents of articles as specified in Section 2302 is equivalent to a statement that the shares of stock are to be without par value.
Citator
Cal. Corp. Code § 2302.5 — Transition Provisions is in force in the current edition of the Code, and nothing recorded condemns it.
The absence of any reference to par value in the articles of a corporation which is subject to the prior law relating to the contents of articles as specified in Section 2302 is equivalent to a statement that the shares of stock are to be without par value.