Corporations Code section 2302.5

The absence of any reference to par value in the articles of a corporation which is subject to the prior law relating to the contents of articles as specified in Section 2302 is equivalent to a statement that the shares of stock are to be without par value.

Source: Section 2302.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=2302.5. (updated Jan. 1, 1985; accessed Oct. 20, 2025).

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Up to date

Verified:
Oct. 20, 2025

§ 2302.5's source at ca.gov

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Location: https://california.public.law/codes/corporations_code_section_2302.5

Original Source: Section 2302.5, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP§ionNum=2302.5. (last accessed May 12, 2025).