California Financial Code

§ 31049

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

FIN § 31049Div. 15 · Ch. 1 · Art. 3

Statute text

View on leginfo.ca.gov

“Principal shareholder”, when used with respect to a corporation, means any person who owns, directly or indirectly, of record or beneficially, securities representing 10 percent or more of the voting power of such corporation.

Legislative history

Added by renumbering Section 31047 by Stats. 1982, Ch. 1570, Sec. 5.