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Earlier editions: 2020-112018-112026-09

TITLE 1. CORPORATIONS 100-14707›DIVISION 1. GENERAL CORPORATION LAW 100-2319›CHAPTER 5. Dividends and Reacquisitions of Shares 500-511

§ 511

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

Notwithstanding the provisions of this chapter, a negotiable instrument issued by a corporation for the purchase or redemption of shares shall be enforceable by a holder in due course (Section 3302 of the Commercial Code) without notice that it was issued for that purpose or by a person who acquired the instrument through such a holder.

(Added by Stats. 1978, Ch. 370.)

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California Corporations Code

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