Corporations Code section 13227


If the association is organized with shares of stock, the articles shall state the number of shares which may be issued and if the shares are to have a par value, the par value of each share, and the aggregate par value of all shares; and if the shares are to be without par value it shall be so stated.

Source: Section 13227, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=13227.­ (updated Jan. 1, 1953; accessed Dec. 1, 2025).

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Verified:
Dec. 1, 2025

§ 13227's source at ca​.gov