California Statutes
§ 1306. — 1306. (Repealed and added by Stats. 1975, Ch. 682.)
California·Code CORP Corporations Code - CORP·Div. 1.·Title 1. DIVISION 1. GENERAL CORPORATION LAW·Ch. 13. CHAPTER 13. Dissenters’ Rights
To the extent that the provisions of Chapter 5 prevent the payment to any holders of dissenting shares of their fair market value, they shall become creditors of the corporation for the amount thereof together with interest at the legal rate on judgments until the date of payment, but subordinate to all other creditors in any liquidation proceeding, such debt to be payable when permissible under the provisions of Chapter 5.
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California § 1306. (1306. (Repealed and added by Stats. 1975, Ch. 682.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
In re Orange County Nursery, Inc.
484 B.R. 219 (C.D. California, 2012)
Legislative History
Repealed and added by Stats. 1975, Ch. 682.