DecisionDepot
California legal research

California Corporations Code

§ 188

CORP § 188Div. 1 · Title 1 · Ch. 1
“Stock split” means the pro rata division, otherwise than by a share dividend, of all the outstanding shares of a class into a greater number of shares of the same class by an amendment to the articles stating the effect on outstanding shares.

Legislative history

Added by Stats. 1975, Ch. 682.

Source: California Corporations Code § 188 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.