Cal. Corporations Code § 205
Cal. Corporations Code § 205
California · California Corporations Code · Status: effective
Cite this
- Citation
- Cal. Corporations Code § 205, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/791089
- Permanent ID
ys:prov:791089@1- SHA-256
041aa73d4ccdadd02498a1ee00d1619f779a331e2457c9eb3d01a1a71abd9dc3
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Solely for the purpose of any statute or regulation imposing any tax or fee based upon the capitalization of a corporation, all authorized shares of a corporation organized under this division shall be deemed to have a nominal or par value of one dollar ($1) per share. If any federal or other statute or regulation applicable to a particular corporation requires that the shares of such corporation have a par value, such shares shall have the par value determined by the board in order to satisfy the requirements of such statute or regulation.