California Corporations Code 5072 – “Shares,” as used in Part 3 (commencing with Section 7110), means the …
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“Shares,” as used in Part 3 (commencing with Section 7110), means the units into which the proprietary interests in a business corporation or foreign business corporation are divided in the articles.
(Amended by Stats. 1983, Ch. 101, Sec. 26.)
Terms Used In California Corporations Code 5072
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: as used in this part and Part 5 (commencing with Section 9910), refers to corporations defined in subdivisions (b), (c), and (d). See California Corporations Code 5046