Code Section

Corporations Code - CORP

TITLE 1. CORPORATIONS [100 - 14707]

  ( Title 1 enacted by Stats. 1947, Ch. 1038. )
  

DIVISION 1. GENERAL CORPORATION LAW [100 - 2319]

  ( Division 1 repealed and added by Stats. 1975, Ch. 682. )
  

CHAPTER 13. Dissenters’ Rights [1300 - 1313]
  ( Chapter 13 added by Stats. 1975, Ch. 682. )

  
1307.  

Cash dividends declared and paid by the corporation upon the dissenting shares after the date of approval of the reorganization by the outstanding shares (Section 152) and prior to payment for the shares by the corporation shall be credited against the total amount to be paid by the corporation therefor.

(Repealed and added by Stats. 1975, Ch. 682.)