Skip to content
CodesChatProject

Earlier editions: 2020-112018-11

TITLE 1. CORPORATIONS 100-14707›DIVISION 1. GENERAL CORPORATION LAW 100-2319›CHAPTER 5. Dividends and Reacquisitions of Shares 500-511

§ 505

California Corporations Code · 2026-10 edition · updated 2026-10-04 · California

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 the articles or bylaws or in any indenture or other agreement entered into by the corporation.

(Added by Stats. 1975, Ch. 682.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Corporations Code
California Corporations Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.