Home/California/Statutes/Code FIN: Financial Code - FIN/Div. 1.1.: DIVISION 1.1. BANKING/Ch. 5.: CHAPTER 5. Corporate Requirements/Art. 2.: ARTICLE 2. Shares/§ 1120.
California Statutes

§ 1120. — 1120. (Added by Stats. 2011, Ch. 243, Sec. 3.)

California § 1120.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 1.1.DIVISION 1.1. BANKING
Ch. 5.CHAPTER 5. Corporate Requirements
Art. 2.ARTICLE 2. Shares

This text of California § 1120. (1120. (Added by Stats. 2011, Ch. 243, Sec. 3.)) 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. Financial Code - FIN Code § 1120. (2026).

Text

A bank may, with the approval of its board, determine and from time to time redetermine the par value of any class or series of its shares unless its articles provide that such shares shall have par value and specify the par value of such shares.

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Legislative History

Added by Stats. 2011, Ch. 243, Sec. 3. (SB 664) Effective January 1, 2012.
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California § 1120., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/1120..