California Financial Code

§ 5120

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

FIN § 5120 Effective Sep 26, 1985Div. 2 · Ch. 1 · Art. 2

“Statutory net worth” or “net worth” means the sum of the following:

(a)Issued and outstanding capital stock.

(b)Issued and outstanding capital certificates.

…

Legislative history

Amended by Stats. 1985, Ch. 983, Sec. 1.76. Effective September 26, 1985.