Statute · California Corporations Code
Cal. Corp. Code § 5043 — GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5
Cal. Corp. Code § 5043
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Common shares,” as used in Part 3 (commencing with Section 7110), means shares which have no preference over any other shares with respect to distribution of assets on liquidation or with respect to payment of dividends.
Citator
Cal. Corp. Code § 5043 — GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5 is in force in the current edition of the Code, and nothing recorded condemns it.
“Common shares,” as used in Part 3 (commencing with Section 7110), means shares which have no preference over any other shares with respect to distribution of assets on liquidation or with respect to payment of dividends.