California Corporations Code
§ 5043
CORP § 5043Div. 2 · Title 1 · Part 1
Statute text
View on leginfo.ca.gov“Common shares,” as used in Part 3 (commencing with Section 7110), means shares which have no preference over any other shares with respect to distribution of assets on liquidation or with respect to payment of dividends.
Legislative history
Amended by Stats. 1983, Ch. 101, Sec. 17.