Corporations Code § 2302.5
‹ § 2302.1§ 2303 ›Open in browserleginfo ↗2302.5.
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.)