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HomeCorporations CodeCh. 1§ 111 Share Voting Rights Inclusion

§ 111 Share Voting Rights Inclusion

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 111 Share Voting Rights Inclusion

This law says that when we talk about voting shares in this part of the law, it also counts other securities that have voting rights under a specific rule.

Key Takeaways

  • •Voting rules apply to other securities that have voting rights.
  • •Only securities listed in the articles with voting rights are included.
  • •The rule was added in 1975 and is part of this division of the law.

Example

A company issues extra shares that can be voted on, even though they aren't the usual common shares.

Those extra shares are treated the same as regular shares for voting purposes, so they count toward the total votes needed to pass a decision.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 111 Share Voting Rights Inclusion

All references in this division to the voting of shares include the voting of other securities given voting rights in the articles pursuant to subdivision (a)(7) of Section 204. (Repealed and added by Stats. 1975, Ch. 682.)

Last verified: January 10, 2026

Key Terms

voting of sharesother securitiesvoting rightsarticlessubdivision (a)(7) of Section 204

Related Statutes

  • § 117 Class Share Voting Requirements
  • § 12239 Corporate Membership Rights
  • § 12340 Corporate Records Inspection
  • § 158 Close Corporation Definition
  • § 164 Definition Of Directors

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 111.
View Official Source