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Cal. Corporations Code § 159

Cal. Corporations Code § 159

California · California Corporations Code · Status: effective

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Cal. Corporations Code § 159, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/791016
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“Common shares” means shares which have no preference over any other shares with respect to distribution of assets on liquidation or with respect to payment of dividends.