California § 8011.5 - Each membership of the same class of any constituent corporation (other than the
Full text of California Public Contract Code - PCC § 8011.5 — Each membership of the same class of any constituent corporation (other than the, with citation guidance and answers to common questions.
§ 8011.5. Each membership of the same class of any constituent corporation (other than the
Each membership of the same class of any constituent corporation (other than the cancellation of memberships held by a surviving corporation or its parent or a wholly owned subsidiary of either in a constituent corporation) shall be treated equally with respect to any distribution of cash, property, rights or securities unless: (a) all members of the class consent or (b) the Commissioner of Financial Protection and Innovation has approved the terms and conditions of the transaction and the fairness of the terms pursuant to Section 25142.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 8011.5
What does Public Contract Code - PCC § 8011.5 cover?
Section 8011.5 ("Each membership of the same class of any constituent corporation (other than the") 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 § 8011.5?
A common citation format is "Public Contract Code - PCC § 8011.5" (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 § 8011.5 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.