Home/California/Statutes/Code CORP: Corporations Code - CORP/Div.: 1./Title 1.: DIVISION 1. GENERAL CORPORATION LAW/Ch. 5.: CHAPTER 5. Dividends and Reacquisitions of Shares/§ 511.
California Statutes

§ 511. — 511. (Added by Stats. 1978, Ch. 370.)

California § 511.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.1.
Title 1.DIVISION 1. GENERAL CORPORATION LAW
Ch. 5.CHAPTER 5. Dividends and Reacquisitions of Shares

This text of California § 511. (511. (Added by Stats. 1978, Ch. 370.)) 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 § 511. (2026).

Text

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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Legislative History

Added by Stats. 1978, Ch. 370.

Nearby Sections

3
§ 511.
511. (Added by Stats. 1978, Ch. 370.)
§ 5110.
5110. (Added by Stats. 1978, Ch. 567.)
§ 5111.
5111. (Amended by Stats. 1979, Ch. 724.)
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California § 511., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/511..