California § 1307 - Cash dividends declared and paid by the corporation upon the dissenting shares af
Full text of California Public Contract Code - PCC § 1307 — Cash dividends declared and paid by the corporation upon the dissenting shares af, with citation guidance and answers to common questions.
§ 1307. Cash dividends declared and paid by the corporation upon the dissenting shares af
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.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1307
What does Public Contract Code - PCC § 1307 cover?
Section 1307 ("Cash dividends declared and paid by the corporation upon the dissenting shares af") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1307?
A common citation format is "Public Contract Code - PCC § 1307" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1307 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.