DIVISION 15. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS 31000-31952›CHAPTER 4. Corporate Matters 31200-31233›ARTICLE 4. Distributions to Shareholders 31230-31233

§ 31230

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

In this article, “distribution to its shareholders” has the meaning set forth in Corporations Code Section 166.

(Added by Stats. 1977, Ch. 1164.)

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California Financial Code

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