California Law (Last Updated: March 4, 2014) |
Corporations Code - CORP |
Title 1. CORPORATIONS |
Division 1. GENERAL CORPORATION LAW |
Chapter 23. Transition Provisions |
Section 2302.5.
Latest version.
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The absence of any reference to par value in the articles of a corporation which is subject to the prior law relating to the contents of articles as specified in Section 2302 is equivalent to a statement that the shares of stock are to be without par value.
(Added by Stats. 1985, Ch. 764, Sec. 8.5.)