{"data":{"id":"us-ca/corp-5043","jurisdiction":"us-ca","citation":"CORP § 5043","heading":"","body":"“Common shares,” as used in Part 3 (commencing with Section 7110), 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 2. NONPROFIT CORPORATION LAW [5000. - 10841.]","PART 1. GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5 [5002. - 5080.]"],"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":"eb23ef8faaa96f72035c6f269941b5d8d2f9e315e59d74d1c65375e1f6180769","source_id":"us-ca","stale":false,"prev":"us-ca/corp-5041","next":"us-ca/corp-5044"},"notice":"GroundRules: Original legal text. Not legal advice."}