California § 1000. 1000. (Added by Stats. 1975, Ch. 682.)

California Statutes

§ 1000. — 1000. (Added by Stats. 1975, Ch. 682.)

California § 1000.

JurisdictionCalifornia

Code CORPCorporations Code - CORP

Div.1.

Title 1.DIVISION 1. GENERAL CORPORATION LAW

Ch. 10.CHAPTER 10. Sales of Assets

This text of California § 1000. (1000. (Added by Stats. 1975, Ch. 682.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Corporations Code - CORP Code § 1000. (2026).

Text

Any mortgage, deed of trust, pledge or other hypothecation of all or any part of the corporation’s property, real or personal, for the purpose of securing the payment or performance of any contract or obligation may be approved by the board. Unless the articles otherwise provide, no approval of shareholders (Section 153) or of the outstanding shares (Section 152) shall be necessary for such action.

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Any mortgage, deed of trust, pledge or other hypothecation of all or any part of the corporation’s property, real or personal, for the purpose of securing the payment or performance of any contract or obligation may be approved by the board. Unless the articles otherwise provide, no approval of shareholders (Section 153) or of the outstanding shares (Section 152) shall be necessary for such action.