California § 29104. 29104. (Added by Stats. 1966, 1st Ex. Sess., Ch. 161.)

California Statutes

§ 29104. — 29104. (Added by Stats. 1966, 1st Ex. Sess., Ch. 161.)

California § 29104.

JurisdictionCalifornia

Code CORPCorporations Code - CORP

Div.4.

Title 4.DIVISION 4. BUCKET SHOP LAW

Ch. 2.CHAPTER 2. Prohibited Activities

This text of California § 29104. (29104. (Added by Stats. 1966, 1st Ex. Sess., Ch. 161.)) 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 § 29104. (2026).

Text

All contracts for the purchase or sale of shares of the capital stock of any corporation or association without any intention on the part of one party to deliver and of the other party to receive the shares, and contemplating merely the payment of differences between the contract and market prices on divers days, shall be void, and neither party to any such contract shall be entitled to recover any damages for failure to perform the same, or any money paid thereon, in any court of this state.

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All contracts for the purchase or sale of shares of the capital stock of any corporation or association without any intention on the part of one party to deliver and of the other party to receive the shares, and contemplating merely the payment of differences between the contract and market prices on divers days, shall be void, and neither party to any such contract shall be entitled to recover any damages for failure to perform the same, or any money paid thereon, in any court of this state.

Legislative History

Added by Stats. 1966, 1st Ex. Sess., Ch. 161.

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California § 29104., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/29104..