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Corporations Code - CORP - CORP § 5078

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5078

“Voting power” means the power to vote for the election of directors at the time any determination of voting power is made and does not include the right to vote upon the happening of some condition or event which has not yet occurred. In any case where different classes of membe

Corporations Code - CORP - CORP § 5079

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5079

“Written” or “in writing” includes facsimile, telegraphic, and other electronic communication as authorized by this code, including an electronic transmission by a corporation that satisfies the requirements of Section 20.

Corporations Code - CORP - CORP § 508

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 508

This chapter does not apply in connection with any proceeding for winding up and dissolution under Chapter 18 or 19.

Corporations Code - CORP - CORP § 5080

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5080

“Written ballot” does not include a ballot distributed at a special or regular meeting of members.

Corporations Code - CORP - CORP § 509

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 509

(a) A corporation may redeem any or all shares which are redeemable at its option by (1) giving notice of redemption as provided in subdivisions (b) and (c) or as otherwise provided in its articles of incorporation, and (2) payment or deposit of the redemption price of the shares

Corporations Code - CORP - CORP § 510

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 510

(a) When a corporation reacquires its own shares, those shares are restored to the status of authorized but unissued shares, unless the articles prohibit the reissuance thereof. (b) When a corporation reacquires authorized shares of a class or series and the articles prohibit the

Corporations Code - CORP - CORP § 511

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 511

Notwithstanding the provisions of this chapter, a negotiable instrument issued by a corporation for the purchase or redemption of shares shall be enforceable by a holder in due course (Section 3302 of the Commercial Code) without notice that it was issued for that purpose or by a

Corporations Code - CORP - CORP § 5110

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5110

This part shall be known and may be cited as the Nonprofit Public Benefit Corporation Law.

Corporations Code - CORP - CORP § 5111

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5111

Subject to any other provisions of law of this state applying to the particular class of corporation or line of activity, a corporation may be formed under this part for any public or charitable purposes.

Corporations Code - CORP - CORP § 5120

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5120

(a) One or more persons may form a corporation under this part by executing and filing articles of incorporation. (b) If initial directors are named in the articles, each director named in the articles shall sign and acknowledge the articles; if initial directors are not named in

Corporations Code - CORP - CORP § 5121

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5121

(a) In the case of an existing unincorporated association, the association may change its status to that of a corporation upon a proper authorization for such by the association in accordance with its rules and procedures. (b) In addition to the matters required to be set forth i

Corporations Code - CORP - CORP § 5122

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5122

(a) The Secretary of State shall not file articles setting forth a name in which “bank,” “trust,” “trustee,” or related words appear, unless the certificate of approval of the Commissioner of Financial Protection and Innovation is attached thereto. (b) The name of a corporation s

Corporations Code - CORP - CORP § 5122.5

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5122.5

The Secretary of State shall not reserve a corporate name or file articles using the name Golden State Energy unless those articles are for Golden State Energy, incorporated and operating pursuant to this part and Division 1.7 (commencing with Section 3400) of the Public Utilitie

Corporations Code - CORP - CORP § 5130

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5130

The articles of incorporation of a corporation formed under this part shall set forth: (a) The name of the corporation. (b) (1) Except as provided in paragraph (2), the following statement: “This corporation is a nonprofit public benefit corporation and is not organized for the p

Corporations Code - CORP - CORP § 5131

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5131

The articles of incorporation may set forth a further statement limiting the purposes or powers of the corporation.

Corporations Code - CORP - CORP § 5132

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5132

(a) The articles of incorporation may set forth any or all of the following provisions, which shall not be effective unless expressly provided in the articles: (1) A provision limiting the duration of the corporation’s existence to a specified date. (2) In the case of a subordina

Corporations Code - CORP - CORP § 5133

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5133

For all purposes other than an action in the nature of quo warranto, a copy of the articles of a corporation duly certified by the Secretary of State is conclusive evidence of the formation of the corporation and prima facie evidence of its corporate existence.

Corporations Code - CORP - CORP § 5134

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5134

If initial directors have not been named in the articles, the incorporator or incorporators, until the directors are elected, may do whatever is necessary and proper to perfect the organization of the corporation, including the adoption and amendment of bylaws of the corporation

Corporations Code - CORP - CORP § 5140

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5140

Subject to any limitations contained in the articles or bylaws and to compliance with other provisions of this division and any other applicable laws, a corporation, in carrying out its activities, shall have all of the powers of a natural person, including, without limitation, t

Corporations Code - CORP - CORP § 5141

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5141

Subject to Section 5142: (a) No limitation upon the activities, purposes, or powers of the corporation or upon the powers of the members, officers, or directors, or the manner of exercise of such powers, contained in or implied by the articles or by Chapters 15 (commencing with S

Corporations Code - CORP - CORP § 5142

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5142

(a) Notwithstanding Section 5141, any of the following may bring an action to enjoin, correct, obtain damages for or to otherwise remedy a breach of a charitable trust: (1) The corporation, or a member in the name of the corporation pursuant to Section 5710. (2) An officer of the

Corporations Code - CORP - CORP § 5150

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5150

(a) Except as provided in subdivision (c), and Sections 5151, 5220, 5224, 5512, 5613, and 5616, bylaws may be adopted, amended or repealed by the board unless the action would materially and adversely affect the rights of members as to voting or transfer. (b) Bylaws may be adopte

Corporations Code - CORP - CORP § 5151

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5151

(a) The bylaws shall set forth (unless that provision is contained in the articles, in which case it may only be changed by an amendment of the articles) the number of directors of the corporation, or the method of determining the number of directors of the corporation, or that t

Corporations Code - CORP - CORP § 5152

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5152

A corporation may provide in its bylaws for delegates having some or all of the authority of members. Where delegates are provided for, the bylaws shall set forth delegates’ terms of office, any reasonable method for delegates’ selection and removal, and any reasonable method for

Corporations Code - CORP - CORP § 5153

statute | California | California Legislative Counsel

Corporations Code - CORP - CORP § 5153

A corporation may provide in its bylaws for voting by its members or delegates on the basis of chapter or other organizational unit, or by region or other geographic grouping.