TITLE 1. CORPORATIONS 100-14631›DIVISION 1. GENERAL CORPORATION LAW 100-2319›CHAPTER 4. Shares and Share Certificates 400-423

§ 406

California Corporations Code · 2020-11 edition · updated 2026-10-04 · California

Unless the articles provide otherwise, the board may issue shares, options or securities having conversion or option rights without first offering them to shareholders of any class.

(Added by Stats. 1975, Ch. 682.)

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California Corporations Code

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