California Corporations Code 13227 – If the association is organized with shares of stock, the articles …
Current as of: 2024 | Check for updates
|
Other versions
If the association is organized with shares of stock, the articles shall state the number of shares which may be issued and if the shares are to have a par value, the par value of each share, and the aggregate par value of all shares; and if the shares are to be without par value it shall be so stated.
(Added by Stats. 1953, Ch. 207.)
Terms Used In California Corporations Code 13227
- Association: means any corporation organized under this part. See California Corporations Code 13202
- State: means the State of California, unless applied to the different parts of the United States. See California Education Code 77