California Statutes
§ 172. — 172. (Added by Stats. 1975, Ch. 682.)
California·Code CORP Corporations Code - CORP·Div. 1.·Title 1. DIVISION 1. GENERAL CORPORATION LAW·Ch. 1. CHAPTER 1. General Provisions and Definitions
“Liquidation price” or “liquidation preference” means amounts payable on shares of any class upon voluntary or involuntary dissolution, winding up or distribution of the entire assets of the corporation, including any cumulative dividends accrued and unpaid, in priority to shares of another class or classes.
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California § 172. (172. (Added by Stats. 1975, Ch. 682.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1975, Ch. 682.