I Deliver Some Round Observations About California’s Rounding Rule
By EsqSocial Corporation 19/01/17
Yesterday’s post concerned various actions that a California corporation may pursue in lieu of issuing fractional shares. I left for today the subject of rounding. Section 407 of the Corporations Code expressly permits rounding to the nearest whole...
By: Allen Matkins Leck Gamble Mallory & Natsis