California Statutes
§ 511. — 511. (Added by Stats. 1978, Ch. 370.)
California·Code CORP Corporations Code - CORP·Div. 1.·Title 1. DIVISION 1. GENERAL CORPORATION LAW·Ch. 5. CHAPTER 5. Dividends and Reacquisitions of Shares
Notwithstanding the provisions of this chapter, a negotiable instrument issued by a corporation for the purchase or redemption of shares shall be enforceable by a holder in due course (Section 3302 of the Commercial Code) without notice that it was issued for that purpose or by a person who acquired the instrument through such a holder.
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California § 511. (511. (Added by Stats. 1978, Ch. 370.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1978, Ch. 370.