The California General Corporation Law explicitly authorizes a corporation to issue fractional shares. Cal. Corp. Code § 407. A corporation, however, is not required to do so. Id. In lieu of issuing fractions, a corporation may in connection...
ANY QUESTIONS REGARDING CALIFORNIA CORPORATE AND SECURITIES LAW? CONTACT US DIRECTLY
We offer expert advice with the intricacies of California law.
Our years of experience and expertise allow us to help clients navigate the business laws in California.CONTACT US
Get the latest news and analysis about California Corporate & Securities law. Subscribe to our newsletter today!