§ 13228
56 words·~1 min read·
/ca/corporations-code/13228A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the shares are to be classified, the articles shall contain a description of the classes of shares and a statement of the number of shares of each kind or class and the nature and extent of the preferences, rights, privileges and restrictions granted to or imposed upon the holders of the respective classes of stock.