California Financial Code Section 18018.5

CA Fin Code § 18018.5 (2017)  

“Limited life preferred,” as used in this division, means preferred stock which has a maturity or which may be redeemed at the option of the holder.

(Added by Stats. 1989, Ch. 663, Sec. 1.5. Operative January 1, 1991, by Sec. 20 of Ch. 663.)

Last modified: October 25, 2018