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2019 California Code
Corporations Code - CORP
TITLE 1 - CORPORATIONS
DIVISION 1 - GENERAL CORPORATION LAW
CHAPTER 4 - Shares and Share Certificates
Section 406.
Universal Citation: CA Corp Code § 406 (2019)
406.
Unless the articles provide otherwise, the board may issue shares, options or securities having conversion or option rights without first offering them to shareholders of any class.
(Added by Stats. 1975, Ch. 682.)
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