California Corporations Code

§ 406

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

CORP § 406Div. 1 · Title 1 · Ch. 4

Statute text

View on leginfo.ca.gov

Unless the articles provide otherwise, the board may issue shares, options or securities having conversion or option rights without first offering them to shareholders of any class.

Legislative history

Added by Stats. 1975, Ch. 682.