TITLE 1. CORPORATIONS 100-14631›DIVISION 1. GENERAL CORPORATION LAW 100-2319›CHAPTER 5. Dividends and Reacquisitions of Shares 500-511
§ 505
California Corporations Code · 2020-11 edition · updated 2026-10-04 · California
Nothing in this chapter prohibits additional restrictions upon the declaration of dividends or the purchase or redemption of a corporation’s own shares by provision in the articles or bylaws or in any indenture or other agreement entered into by the corporation.
(Added by Stats. 1975, Ch. 682.)
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