California Corporations Code

§ 505

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

CORP § 505Div. 1 · Title 1 · Ch. 5

Statute text

View on leginfo.ca.gov

Nothing in this chapter prohibits additional restrictions upon the declaration of dividends or the purchase or redemption of a corporation’s own shares by provision in the articles or bylaws or in any indenture or other agreement entered into by the corporation.

Legislative history

Added by Stats. 1975, Ch. 682.