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California Corporations Code

§ 2603

CORP § 2603 Effective Jan 1, 2019Div. 1.5 · Title 1 · Ch. 2

Statute text

View on leginfo.ca.gov
The articles of incorporation may set forth:
(a)Any or all of the following provisions, which shall not be effective unless expressly provided in the articles:
(1)Granting, with or without limitations, the power to levy assessments upon the shares or any class of shares.
…

Legislative history

Repealed and added by Stats. 2018, Ch. 889, Sec. 4. (SB 838) Effective January 1, 2019. Section operative January 1, 2022, by its own provisions.

Source: California Corporations Code § 2603 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.