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California › Common Stock

Allen Matkins

Where To Find Common Stock In The California General Corporation Law

Allen Matkins on

As discussed in this post, the California General Corporation Law defines and uses the term "common shares" rather than "common stock".   Common shares are shares that have no preference over other shares with respect to...more

Allen Matkins

Why Common Shares May Not Be Common Stock

Allen Matkins on

 Surprisingly, the California General Corporation Law uses the term "common stock" as opposed to "common stock" in only a single statute.  Section 159 of the California Corporations Code defines "common shares" as "shares...more

Allen Matkins

What Makes "Common Shares" Common?

Allen Matkins on

California's General Corporation Law refers to "common shares" rather than "common stock".  What makes shares shares "common shares"?  Section 159 defines "common shares" as "shares which have no preference over any other...more

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