California Laws: Corporations Code Sections 500-511
- California Laws: Corporations Code Section 500
Neither a corporation nor any of its subsidiaries shall make any distribution to the corporation's shareholders (Section 166) except as follows: (a) The distribution may...
- California Laws: Corporations Code Section 501
Neither a corporation nor any of its subsidiaries shall make any distribution to the corporation's shareholders (Section 166) if the corporation or the subsidiary making...
- California Laws: Corporations Code Section 502
Neither a corporation nor any of its subsidiaries shall make any distribution to the corporation's shareholders (Section 166) on any shares of its stock of...
- California Laws: Corporations Code Section 503
Neither a corporation nor any of its subsidiaries shall make any distribution to the corporation's shareholders (Section 166) on any shares of its stock of...
- California Laws: Corporations Code Section 503.1
The provisions of Sections 500, 501, 502 and 503 shall not apply to a purchase or redemption of shares of a deceased shareholder from the...
- California Laws: Corporations Code Section 503.2
The provisions of Sections 500, 501, 502, and 503 shall not apply to the purchase or redemption of shares of a disabled shareholder from the...
- California Laws: Corporations Code Section 504
(a) The provisions of Section 500 do not apply to a dividend declared by either of the following: (1) A regulated investment company, as defined...
- California Laws: Corporations Code Section 505
Nothing in this chapter prohibits additional restrictions upon the declaration of dividends or the purchase or redemption of a corporation's own shares by provision in...
- California Laws: Corporations Code Section 506
(a) Any shareholder who receives any distribution prohibited by this chapter with knowledge of facts indicating the impropriety thereof is liable to the corporation for...
- California Laws: Corporations Code Section 507
Each dividend other than one chargeable to retained earnings shall be identified in a notice to shareholders as being made from a source other than...
- California Laws: Corporations Code Section 508
This chapter does not apply in connection with any proceeding for winding up and dissolution under Chapter 18 or 19. ...
- California Laws: Corporations Code Section 509
(a) A corporation may redeem any or all shares which are redeemable at its option by (1) giving notice of redemption, and (2) payment or...
- California Laws: Corporations Code Section 510
(a) When a corporation reacquires its own shares, those shares are restored to the status of authorized but unissued shares, unless the articles prohibit the...
- California Laws: Corporations Code Section 511
Notwithstanding the provisions of this chapter, a negotiable instrument issued by a corporation for the purchase or redemption of shares shall be enforceable by a...
