For purposes of Section 503, "cumulative dividends in
arrears" means only cumulative dividends that have not been paid as
required on a scheduled payment date set forth in, or determined
pursuant to, the articles of incorporation, regardless of whether
those dividends had been declared prior to that scheduled payment
date.

Section: Previous 160 161 161.5 161.7 161.9 162 163 163.1 164 165 165.5 166 167 167.3 167.5 Next

Last modified: July 31, 2008