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California Corporations Code

§ 1307

CORP § 1307Div. 1 · Title 1 · Ch. 13

Statute text

View on leginfo.ca.gov
Cash dividends declared and paid by the corporation upon the dissenting shares after the date of approval of the reorganization by the outstanding shares (Section 152) and prior to payment for the shares by the corporation shall be credited against the total amount to be paid by the corporation therefor.

Legislative history

Repealed and added by Stats. 1975, Ch. 682.

Source: California Corporations Code § 1307 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.