{"code":"CORP","codeName":"Corporations Code","section":"163.1","citation":"Corp. Code, § 163.1","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. CORPORATIONS [100. - 14707.]","url":"https://blackletter.si/corporations-code/title-1"},{"name":"DIVISION 1. GENERAL CORPORATION LAW [100. - 2319.]","url":"https://blackletter.si/corporations-code/title-1/division-1"},{"name":"CHAPTER 1. General Provisions and Definitions [100. - 195.]","url":"https://blackletter.si/corporations-code/title-1/division-1/chapter-1"}],"history":"Amended by Stats. 2011, Ch. 203, Sec. 1.   (AB 571)   Effective January 1, 2012.","effective":"2012-01-01","html":"<p>For purposes of subdivision (b) of Section <a href=\"/corp/500\">500</a> and subdivision (b) of Section <a href=\"/corp/506\">506</a>, “cumulative dividends in arrears” means only cumulative dividends that have not been paid as required on a scheduled payment date set forth in, or determined pursuant to, the articles of incorporation, regardless of whether those dividends had been declared prior to that scheduled payment date.</p>","text":"For purposes of subdivision (b) of Section 500 and subdivision (b) of Section 506, “cumulative dividends in arrears” means only cumulative dividends that have not been paid as required on a scheduled payment date set forth in, or determined pursuant to, the articles of incorporation, regardless of whether those dividends had been declared prior to that scheduled payment date.","otherVersions":[],"url":"https://blackletter.si/corporations-code/general-provisions-and-definitions-163-1","source":"California Legislative Information bulk export (pubinfo)"}