California Statutes

§ 4733. — 4733. (Added by Stats. 1965, Ch. 1144.)

California·Code PRC Public Resources Code - PRC·Div. 4. DIVISION 4. FORESTS, FORESTRY AND RANGE AND FORAGE LANDS·Part 2. PART 2. PROTECTION OF FOREST, RANGE AND FORAGE LANDS·Ch. 10. CHAPTER 10. Protection of Forest and Lands·Art. 7. ARTICLE 7. Protection and Development Corporations
No shareholder of any corporation formed pursuant to this article shall receive or accept from the corporation in repayment of his investment in its shares any sum in excess of the par value of the shares together with current dividends of not to exceed 7 percent per annum of the par value and any cumulative dividends to which the shareholder may be entitled.

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California § 4733. (4733. (Added by Stats. 1965, Ch. 1144.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1965, Ch. 1144.
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