{"data":{"id":"us-ca/corp-163.1","jurisdiction":"us-ca","citation":"CORP § 163.1","heading":"","body":"For purposes of subdivision (b) of Section 500 and subdivision (b) of Section 506, “cumulative dividends in arrears” means only cumulative dividends that have not been paid as required on a scheduled payment date set forth in, or determined pursuant to, the articles of incorporation, regardless of whether those dividends had been declared prior to that scheduled payment date.","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":"dc6edca689fd2c0684b02fa3bb493f186a90587d8fd17a8a99cee8284d2ea375","source_id":"us-ca","stale":false,"prev":"us-ca/corp-163","next":"us-ca/corp-164"},"notice":"GroundRules: Original legal text. Not legal advice."}
