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Corporations Code - CORP - CORP § 29563
Corporations Code - CORP - CORP § 29563
Every final order, decision, certificate, registration, or other official act of the commissioner is subject to judicial review in accordance with law.
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Corporations Code - CORP - CORP § 29564
Corporations Code - CORP - CORP § 29564
Nothing in this law, shall impair, derogate, or otherwise affect the authority or powers of the commissioner under the Corporate Securities Law of 1968 (Part 3 (commencing with Section 25000)) or the application of any provision thereof to any person or transaction subject theret
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Corporations Code - CORP - CORP § 29565
Corporations Code - CORP - CORP § 29565
If any provision of this law or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of this law which can be given effect without the invalid provision or application, and to this end this law is
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Corporations Code - CORP - CORP § 29566
Corporations Code - CORP - CORP § 29566
Neither the commissioner nor any employee of the commissioner shall use any information which is filed with or obtained by the commissioner which is not public information for personal gain or benefit, nor shall the commissioner nor any employee of the commissioner engage in any
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Corporations Code - CORP - CORP § 29567
Corporations Code - CORP - CORP § 29567
(a) The program established by this division shall be supported from funds appropriated by the Legislature from the State Corporations Fund. (b) The funds appropriated from the State Corporations Fund and made available for expenditure under subdivision (a) of this section shall
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Corporations Code - CORP - CORP § 3
Corporations Code - CORP - CORP § 3
All persons who, at the time this code goes into effect, hold office under any of the acts repealed by this code, which offices are continued by this code, continue to hold them according to their former tenure.
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Corporations Code - CORP - CORP § 300
Corporations Code - CORP - CORP § 300
(a) Subject to the provisions of this division and any limitations in the articles relating to action required to be approved by the shareholders (Section 153) or by the outstanding shares (Section 152), or by a less than majority vote of a class or series of preferred shares (Se
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Corporations Code - CORP - CORP § 3000
Corporations Code - CORP - CORP § 3000
(a) A proposed amendment to the articles of a social purpose corporation shall be approved by the outstanding shares of a class, regardless of whether that class is entitled to vote thereon by the provisions of the articles, if the amendment would: (1) Increase or decrease the ag
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Corporations Code - CORP - CORP § 3001
Corporations Code - CORP - CORP § 3001
(a) A social purpose corporation may, by amendment of its articles pursuant to this section, change its status to that of a nonprofit public benefit corporation, nonprofit mutual benefit corporation, nonprofit religious corporation, or cooperative corporation. (b) The amendment o
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Corporations Code - CORP - CORP § 3002
Corporations Code - CORP - CORP § 3002
(a) A social purpose corporation may, by amendment of its articles pursuant to this section, change its status to that of a business corporation. (b) The amendment of the articles to change status to a business corporation shall revise the statement of purpose to delete any provi
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Corporations Code - CORP - CORP § 301
Corporations Code - CORP - CORP § 301
(a) Except as provided in Section 301.5, at each annual meeting of shareholders, directors shall be elected to hold office until the next annual meeting. However, to effectuate a voting shift (Section 194.7) the articles may provide that directors hold office for a shorter term.
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Corporations Code - CORP - CORP § 301.3
Corporations Code - CORP - CORP § 301.3
(a) No later than the close of the 2019 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation’s SEC 10-K form, are located in California shall have a minimum of one female director on its board. A corporatio
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Corporations Code - CORP - CORP § 301.4
Corporations Code - CORP - CORP § 301.4
(a) No later than the close of the 2021 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation’s SEC 10-K form, are located in California shall have a minimum of one director from an underrepresented communit
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Corporations Code - CORP - CORP § 301.5
Corporations Code - CORP - CORP § 301.5
(a) A listed corporation may, by amendment of its articles or bylaws, adopt provisions to divide the board of directors into two or three classes to serve for terms of two or three years respectively, or to eliminate cumulative voting, or both. After the issuance of shares, a cor
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Corporations Code - CORP - CORP § 301.7
Corporations Code - CORP - CORP § 301.7
(a) A listed corporation engaged in business limited to the operation and maintenance of a recreation venture having golf and tennis facilities and ancillary dining and beverage services may, by amendment of its articles or bylaws, adopt provisions allowing division of its board
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Corporations Code - CORP - CORP § 301.9
Corporations Code - CORP - CORP § 301.9
Notwithstanding Section 301, a mutual water company organized under this division may elect directors to serve staggered four-year terms if authorized in the corporation’s articles of incorporation or bylaws. Upon the initial election of directors to staggered terms, the elected
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Corporations Code - CORP - CORP § 302
Corporations Code - CORP - CORP § 302
The board may declare vacant the office of a director who has been declared of unsound mind by an order of court or convicted of a felony.
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Corporations Code - CORP - CORP § 303
Corporations Code - CORP - CORP § 303
(a) Any or all of the directors may be removed without cause if the removal is approved by the outstanding shares (Section 152), subject to the following: (1) Except for a corporation to which paragraph (3) is applicable, no director may be removed (unless the entire board is rem
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Corporations Code - CORP - CORP § 304
Corporations Code - CORP - CORP § 304
The superior court of the proper county may, at the suit of shareholders holding at least 10 percent of the number of outstanding shares of any class, remove from office any director in case of fraudulent or dishonest acts or gross abuse of authority or discretion with reference
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Corporations Code - CORP - CORP § 305
Corporations Code - CORP - CORP § 305
(a) Unless otherwise provided in the articles or bylaws and except for a vacancy created by the removal of a director, vacancies on the board may be filled by approval of the board (Section 151) or, if the number of directors then in office is less than a quorum, by (1) the unani
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Corporations Code - CORP - CORP § 306
Corporations Code - CORP - CORP § 306
If (a) a corporation has not issued shares and all the directors resign, die, or become incompetent, or (b) a corporation’s initial directors have not been named in the articles, and all the incorporators resign, die, or become incompetent prior to the election of the initial dir
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Corporations Code - CORP - CORP § 307
Corporations Code - CORP - CORP § 307
(a) Unless otherwise provided in the articles or, subject to paragraph (5) of subdivision (a) of Section 204, in the bylaws, all of the following apply: (1) Meetings of the board may be called by the chairperson of the board or the president or any vice president or the secretary
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Corporations Code - CORP - CORP § 308
Corporations Code - CORP - CORP § 308
(a) If a corporation has an even number of directors who are equally divided and cannot agree as to the management of its affairs, so that its business can no longer be conducted to advantage or so that there is danger that its property and business will be impaired or lost, the
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Corporations Code - CORP - CORP § 309
Corporations Code - CORP - CORP § 309
(a) A director shall perform the duties of a director, including duties as a member of any committee of the board upon which the director may serve, in good faith, in a manner such director believes to be in the best interests of the corporation and its shareholders and with such
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Corporations Code - CORP - CORP § 310
Corporations Code - CORP - CORP § 310
(a) No contract or other transaction between a corporation and one or more of its directors, or between a corporation and any corporation, firm or association in which one or more of its directors has a material financial interest, is either void or voidable because such director