CA Pub Res Code Section 4733


No shareholder of any corporation formed pursuant to this article shall receive or accept from the corporation in repayment of his investment in its shares any sum in excess of the par value of the shares together with current dividends of not to exceed 7 percent per annum of the par value and any cumulative dividends to which the shareholder may be entitled.
Last Updated

Aug. 19, 2023

§ 4733’s source at ca​.gov