{"data":{"id":"us-ca/corp-505","jurisdiction":"us-ca","citation":"CORP § 505","heading":"","body":"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.","path":["Corporations Code - CORP","TITLE 1. CORPORATIONS [100. - 14707.]","DIVISION 1. GENERAL CORPORATION LAW [100. - 2319.]","CHAPTER 5. Dividends and Reacquisitions of Shares [500. - 511.]"],"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":"039a150c0086964080fcc9c5f7206564f126877253e7ccbca23662b9b1b1cbfe","source_id":"us-ca","stale":false,"prev":"us-ca/corp-504","next":"us-ca/corp-506"},"notice":"GroundRules: Original legal text. Not legal advice."}