BlackletterCalifornia law

Corporations Code § 180

CHAPTER 1. General Provisions and Definitions

Current as of September 28, 2026Corp. Code, § 180Official source ↗

Added by Stats. 1975, Ch. 682.

“Redemption price” means the amount or amounts (in cash, property or securities, or any combination thereof) payable on shares of any class or series upon the redemption of the shares. Unless otherwise expressly provided, the redemption price is payable in cash.