Statute · California Financial Code
Cal. Fin. Code § 1131 — Distributions to Shareholders
Cal. Fin. Code § 1131
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Section 500 of the Corporations Code does not apply to the making by a bank or by any majority-owned subsidiary of a bank of any distribution to the shareholders of such bank.
Citator
Cal. Fin. Code § 1131 — Distributions to Shareholders is in force in the current edition of the Code, and nothing recorded condemns it.
Section 500 of the Corporations Code does not apply to the making by a bank or by any majority-owned subsidiary of a bank of any distribution to the shareholders of such bank.