California Statutes
§ 5055. — 5055. (Amended by Stats. 1983, Ch. 101, Sec. 20.)
California § 5055.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.2.
Title 1.DIVISION 2. NONPROFIT CORPORATION LAW
Part 1.PART 1. GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5
This text of California § 5055. (5055. (Amended by Stats. 1983, Ch. 101, Sec. 20.)) 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 § 5055. (2026).
Text
“Liquidating price” or “liquidation preference,” as used in Part 3 (commencing with Section 7110), means amounts payable on memberships of any class, upon voluntary or involuntary dissolution, winding up or distribution of the entire assets of the corporation, in priority to amounts payable to members of another class or classes.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Amended by Stats. 1983, Ch. 101, Sec. 20.
Cite This Page — Counsel Stack
Bluebook (online)
California § 5055., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/5055..