California · Corporations Code
CORP §5067: “Preferred shares,” as used in Part 3 (commencing with Section 7110), means shares other than common shares.
What this law says, in plain English
This statute defines 'preferred shares' as any shares that are not common shares, for purposes of Part 3 of the code.
Read the full statutory text
“Preferred shares,” as used in Part 3 (commencing with Section 7110), means shares other than common shares.
Verify at the official source: California legislative text
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