TITLE 1. CORPORATIONS 100-14631›DIVISION 1. GENERAL CORPORATION LAW 100-2319›CHAPTER 1. General Provisions and Definitions 100-195
§ 159
California Corporations Code · 2018-11 edition · updated 2026-10-04 · California
“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.
(Added by Stats. 1975, Ch. 682.)
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