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GENERAL PROVISIONS›CHAPTER 5. Rubbish Dumps 4371-4376›ARTICLE 7. Protection and Development Corporations 4731-4738

§ 4733

California Public Resources Code · 2026-09 edition · updated 2026-09-27 · California

No shareholder of any corporation formed pursuant to this article shall receive or accept from the corporation in repayment of his investment in its shares any sum in excess of the par value of the shares together with current dividends of not to exceed 7 percent per annum of the par value and any cumulative dividends to which the shareholder may be entitled.

(Added by Stats. 1965, Ch. 1144.)

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California Public Resources Code

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