{"data":{"id":"us-ca/corp-159","jurisdiction":"us-ca","citation":"CORP § 159","heading":"","body":"“Common shares” 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.","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 1. GENERAL CORPORATION LAW [100. - 2319.]","CHAPTER 1. General Provisions and Definitions [100. - 195.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"2782b3ce6c654c7da227512652fbe5e9c23943ed1bfb4a157331333411d61a44","source_id":"us-ca","stale":false,"prev":"us-ca/corp-158","next":"us-ca/corp-160"},"notice":"GroundRules: Original legal text. Not legal advice."}