GroundRules
CORP § 2308
Where this section sits in the code
- Corporations Code - CORP
- TITLE 1. CORPORATIONS [100. - 14707.]
- DIVISION 1. GENERAL CORPORATION LAW [100. - 2319.]
- CHAPTER 23. Transition Provisions [2300. - 2319.]
Chapter 5 of the new law applies to any distribution to its shareholders made after the effective date by a corporation existing on the effective date, except that any such distribution effected pursuant to a contract for the purchase or redemption of shares entered into by the corporation prior to the effective date may be made if permissible under Chapter 5 or under the prior law in effect at the time the contract was entered into.
Collected 2026-09-14T05:56:33Z. Source file · JSON