Fin. Code, § 31230 · Article 4. Distributions to Shareholders

Fin. Code, § 31230

Verbatim from the official edition

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

In this article, “distribution to its shareholders” has the meaning set forth in Corporations Code Section 166.

Notes and commentary — not statutory text

History

Added by Stats. 1977, Ch. 1164.

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=FIN&sectionNum=31230.
Text hash: sha256 8bf0833ee9e8fb0b3589e39db0c60b21bdffd1a45d4ab2e89a437f98b6ecd07e
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

This section cites

Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.

Corporations Code

Corp. Code, § 166Printed as Corporations Code Section 166

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.