{"code":"CORP","codeName":"Corporations Code","section":"5043","citation":"Corp. Code, § 5043","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 1. CORPORATIONS [100. - 14707.]","url":"https://blackletter.si/corporations-code/title-1"},{"name":"DIVISION 2. NONPROFIT CORPORATION LAW [5000. - 10841.]","url":"https://blackletter.si/corporations-code/title-1/division-2"},{"name":"PART 1. GENERAL PROVISIONS AND DEFINITIONS GOVERNING PARTS 1 THROUGH 5 [5002. - 5080.]","url":"https://blackletter.si/corporations-code/title-1/division-2/part-1"}],"history":"Amended by Stats. 1983, Ch. 101, Sec. 17.","effective":null,"html":"<p>“Common shares,” as used in Part 3 (commencing with Section <a href=\"/corp/7110\">7110</a>), means shares which have no preference over any other shares with respect to distribution of assets on liquidation or with respect to payment of dividends.</p>","text":"“Common shares,” as used in Part 3 (commencing with Section 7110), means shares which have no preference over any other shares with respect to distribution of assets on liquidation or with respect to payment of dividends.","otherVersions":[],"url":"https://blackletter.si/corporations-code/general-provisions-and-definitions-governing-parts-1-through-5043","source":"California Legislative Information bulk export (pubinfo)"}