California · Financial Code
FIN §5753: The provisions of Chapter 13 (commencing with Section 1300) of Division 1 of Title 1 of the Corporations Code shall apply only to stockholders and shares of stock owned by them in the association bein
What this law says, in plain English
Chapter 13 of the Corporations Code applies to stockholders and their shares of stock in an association.
Read the full statutory text
The provisions of Chapter 13 (commencing with Section 1300) of Division 1 of Title 1 of the Corporations Code shall apply only to stockholders and shares of stock owned by them in the association being merged, or where assets are being transferred into a surviving association, or where a merger or transfer is approved under the provisions of this article by written consent of the stockholders.
Verify at the official source: California legislative text
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