California § 410. 410. (Added by Stats. 1975, Ch. 682.)

California Statutes

§ 410. — 410. (Added by Stats. 1975, Ch. 682.)

California § 410.

JurisdictionCalifornia

Code CORPCorporations Code - CORP

Div.1.

Title 1.DIVISION 1. GENERAL CORPORATION LAW

Ch. 4.CHAPTER 4. Shares and Share Certificates

This text of California § 410. (410. (Added by Stats. 1975, Ch. 682.)) 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 § 410. (2026).

Text

(a)Every subscriber to shares and every person to whom shares are originally issued is liable to the corporation for the full consideration agreed to be paid for the shares.

(b)The full agreed consideration for shares shall be paid prior to or concurrently with the issuance thereof, unless the shares are issued as partly paid pursuant to subdivision (d) of Section 409, in which case the consideration shall be paid in accordance with the agreement of subscription or purchase.

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(a)
Every subscriber to shares and every person to whom shares are originally issued is liable to the corporation for the full consideration agreed to be paid for the shares.
(b)
The full agreed consideration for shares shall be paid prior to or concurrently with the issuance thereof, unless the shares are issued as partly paid pursuant to subdivision (d) of Section 409, in which case the consideration shall be paid in accordance with the agreement of subscription or purchase.

Legislative History

Added by Stats. 1975, Ch. 682.

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California § 410., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/410..