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A provision in the California state constitution conflicts with a provision in the U.S. Constitution. If challenged
No-par Common Stock
Shares of common stock issued without a specified face value or par value, where the entire amount paid for the shares is considered legal capital.
Par Preferred Stock
A class of preferred shares issued at a designated face value, often affecting aspects of dividend payments and company equity structure.
Cash
Liquid funds available for use in the form of currency or bank balances.
Treasury Stock
Company-released shares that have been bought back, consequently lowering the overall available shares for trading.
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