California Statutes
§ 1159. — 1159. (Added by Stats. 2002, Ch. 480, Sec. 6.)
California § 1159.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.1.
Title 1.DIVISION 1. GENERAL CORPORATION LAW
Ch. 11.5.CHAPTER 11.5. Conversions
This text of California § 1159. (1159. (Added by Stats. 2002, Ch. 480, Sec. 6.)) 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 § 1159. (2026).
Text
The shareholders of a converting corporation shall have all of the rights under Chapter 13 (commencing with Section 1300) of the shareholders of a corporation involved in a reorganization requiring the approval of its outstanding shares (Section 152), and the converting corporation shall have all of the obligations under Chapter 13 (commencing with Section 1300) of a corporation involved in the reorganization. Solely for purposes of applying the provisions of Chapter 13 (and not for purposes of Chapter 12), a conversion pursuant to Section 1151 or 1157 shall be
deemed to constitute a reorganization.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Stats. 2002, Ch. 480, Sec. 6. Effective January 1, 2003.
Cite This Page — Counsel Stack
Bluebook (online)
California § 1159., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/1159..