# Cal. CORP § 700: Section 700

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S700

## Section

- **Citation:** Cal. CORP § 700
- **Heading:** Section 700
- **Jurisdiction:** California
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** California Code / Code corp / Title 1 / Division 1 / Chapter 7 / Section 700

## Text

(a) Except as provided in Section 708 and except as may be otherwise provided in the articles, each outstanding share, regardless of class, shall be entitled to one vote on each matter submitted to a vote of shareholders.

(b) Any holder of shares entitled to vote on any matter may vote part of the shares in favor of the proposal and refrain from voting the remaining shares or vote them against the proposal, other than elections to office, but, if the shareholder fails to specify the number of shares such shareholder is voting affirmatively, it will be conclusively presumed that the shareholder’s approving vote is with respect to all shares such shareholder is entitled to vote.

## Nearby sections

- [Cal. CORP § 700 Section 700](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S700.md)
- [Cal. CORP § 701 Section 701](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S701.md)
- [Cal. CORP § 702 Section 702](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S702.md)
- [Cal. CORP § 703 Section 703](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S703.md)
- [Cal. CORP § 704 Section 704](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S704.md)
- [Cal. CORP § 705 Section 705](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S705.md)
- [Cal. CORP § 706 Section 706](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S706.md)
- [Cal. CORP § 707 Section 707](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S707.md)
- [Cal. CORP § 708 Section 708](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S708.md)
- [Cal. CORP § 708.5 Section 708.5](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S708.5.md)
- [Cal. CORP § 709 Section 709](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S709.md)
- [Cal. CORP § 710 Section 710](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S710.md)
- [Cal. CORP § 711 Section 711](https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S711.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Ccorp_T1_D1_C7_S700. Check the current official text before relying on it. Not legal advice.