1. To divide (a cause of action) into segments or parts.
2. To issue two or more shares for each old share without changing the shareholder’s proportional ownership interest. See STOCK SPLIT. [Cases: Corporations 66. C.J.S. Corporations §§ 177–179.]
1. To divide (a cause of action) into segments or parts.
2. To issue two or more shares for each old share without changing the shareholder’s proportional ownership interest. See STOCK SPLIT. [Cases: Corporations 66. C.J.S. Corporations §§ 177–179.]