Corporations Code § 5043
‹ § 5041§ 5044 ›Open in browserleginfo ↗5043.
“Common shares,” as used in Part 3 (commencing with Section 7110), means shares which have no preference over any other shares with respect to distribution of assets on liquidation or with respect to payment of dividends.
(Amended by Stats. 1983, Ch. 101, Sec. 17.)