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Corp. Code, § 152 · Chapter 1. General Provisions and Definitions

Corp. Code, § 152

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

“Approved by (or approval of) the outstanding shares” means approved by the affirmative vote of a majority of the outstanding shares entitled to vote. Such approval shall include the affirmative vote of a majority of the outstanding shares of each class or series entitled, by any provision of the articles or of this division, to vote as a class or series on the subject matter being voted upon and shall also include the affirmative vote of such greater proportion (including all) of the outstanding shares of any class or series if such greater proportion is required by the articles or this division.

Notes and commentary — not statutory text

History

Amended by Stats. 1976, Ch. 641.

Source of truth

Edition
As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file
https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CORP&sectionNum=152.
Text hash
sha256 473cd8d41ba668b6f960c57036adb32768698bb12b716fc26b573cc9bf7ecd42
Composed by
compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Cited by 50 provisions

Provisions in this library whose text cites Corp. Code, § 152. Each shows the citation as that text prints it.

Business and Professions Code

Corporations Code

Financial Code

Food and Agricultural Code

Insurance Code

Public Utilities Code

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.