The term "voting stock" as used in subdivision (f) of Section 25017 and the term "voting shares" as used in Sections 260.105.6(b), 260.105.6(c) and 260.105.17(a)(4)(A) of these rules mean any stock presently entitling the owner or holder thereof to vote in elections of directors. Such terms do not include any security which entitles the owner or holder thereof to vote in elections of directors only upon the happening of an event or contingency which has not yet occurred.
Cal. Code Regs. Tit. 10, § 260.017.1
2. Amendment of section and NOTE filed 9-24-2009; operative 10-24-2009 (Register 2009, No. 39).
Note: Authority cited: Section 25610, Corporations Code. Reference: Section 25017, Corporations Code.
2. Amendment of section and Note filed 9-24-2009; operative 10-24-2009 (Register 2009, No. 39).