California Corporations Code CHAPTER 5 - Stock

  • Section 13310.
    No association shall issue a certificate for stock to a member until it has been fully paid for. The promissory notes of the members may...
  • Section 13311.
    One class of stock shall always be known as common stock and voting power may be restricted to holders of common stock.(Added by Stats. 1953,...
  • Section 13312.
    There shall be printed upon each common stock certificate a statement that the transfer thereof to any person not engaged in the production of the...
  • Section 13313.
    Except as to the matters and things stated in the articles of incorporation no distinction shall exist between classes of stock or the holders thereof.(Added...
  • Section 13314.
    If an association issues nonpar value stock the issuance of such stock shall be governed by the terms of the General Corporation Law covering the...
  • Section 13315.
    An association may, at any time, as specified in the by-laws, except when the debts of the association exceed 50 percent of its assets, buy...
  • Section 13316.
    Whenever an association, organized with preferred shares of stock, purchases the stock or any property, or any interest in any property of any person, it...

Last modified: October 22, 2018