California Statutes
§ 2004. — 2004. (Amended by Stats. 1976, Ch. 641.)
California § 2004.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.1.
Title 1.DIVISION 1. GENERAL CORPORATION LAW
Ch. 20.CHAPTER 20. General Provisions Relating to Dissolution
This text of California § 2004. (2004. (Amended by Stats. 1976, Ch. 641.)) 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 § 2004. (2026).
Text
After determining that all the known debts and liabilities of a corporation in the process of winding up have been paid or adequately provided for, the board shall distribute all the remaining corporate assets among the shareholders according to their respective rights and preferences or, if there are no shareholders, to the persons entitled thereto. If the winding up is by court proceeding or subject to court supervision, the distribution shall not be made until after the expiration of any period for the presentation of claims which has been prescribed by order of the court.
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Related
Fantasy, Inc. v. Fogerty
664 F. Supp. 1345 (N.D. California, 1987)
Legislative History
Amended by Stats. 1976, Ch. 641.
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California § 2004., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/2004..