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Corporations Code - CORP - CORP § 6713
Corporations Code - CORP - CORP § 6713
(a) After determining that all the known debts and liabilities of a corporation in the process of winding up have been paid or adequately provided for, the board shall distribute all the remaining corporate assets in the manner provided in Sections 6715 and 6716. (b) If the windi
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Corporations Code - CORP - CORP § 6714
Corporations Code - CORP - CORP § 6714
The payment of a debt or liability, whether the whereabouts of the creditor is known or unknown, has been adequately provided for if the payment has been provided for by either of the following means: (a) Payment thereof has been assumed or guaranteed in good faith by one or more
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Corporations Code - CORP - CORP § 6715
Corporations Code - CORP - CORP § 6715
After complying with the provisions of Section 6713, assets held by a corporation upon a valid condition requiring return, transfer, or conveyance, which condition has occurred or will occur by reason of the dissolution, shall be returned, transferred, or conveyed in accordance w
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Corporations Code - CORP - CORP § 6716
Corporations Code - CORP - CORP § 6716
After complying with the provisions of Section 6713: (a) Except as provided in Section 6715, all of a corporation’s assets shall be disposed of on dissolution in conformity with its articles or bylaws subject to complying with the provisions of any trust under which such assets a
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Corporations Code - CORP - CORP § 6717
Corporations Code - CORP - CORP § 6717
Subject to the provisions of any trust under which assets to be distributed are held, distribution may be made either in money or in property or securities and either in installments from time to time or as a whole, if this can be done fairly and ratably and in conformity with th
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Corporations Code - CORP - CORP § 6718
Corporations Code - CORP - CORP § 6718
(a) If any creditors or other persons are unknown or fail or refuse to accept their payment or distribution in cash or property or their whereabouts cannot be ascertained after diligent inquiry, or the existence or amount of a claim of a creditor or other person is contingent, co
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Corporations Code - CORP - CORP § 6719
Corporations Code - CORP - CORP § 6719
(a) Whenever in the process of winding up a corporation any distribution of assets has been made, otherwise than under an order of court, without prior payment or adequate provision for payment of any of the debts and liabilities of the corporation, any amount so improperly distr
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Corporations Code - CORP - CORP § 6720
Corporations Code - CORP - CORP § 6720
(a) A corporation which is dissolved nevertheless continues to exist for the purpose of winding up its affairs, prosecuting and defending actions by or against it and enabling it to collect and discharge obligations, dispose of and convey its property and collect and divide its a
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Corporations Code - CORP - CORP § 6721
Corporations Code - CORP - CORP § 6721
(a) In all cases where a corporation has been dissolved, any person to whom assets were distributed upon dissolution may be sued in the corporate name upon any cause of action against the corporation arising prior to its dissolution. Notice of such action shall be given to the At
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Corporations Code - CORP - CORP § 6810
Corporations Code - CORP - CORP § 6810
(a) Upon the failure of a corporation to file the statement required by Section 6210, the Secretary of State shall provide a notice of that delinquency to the corporation. The notice shall also contain information concerning the application of this section, and advise the corpora
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Corporations Code - CORP - CORP § 6811
Corporations Code - CORP - CORP § 6811
Any director of any corporation who concurs in any vote or act of the directors of the corporation or any of them, knowingly and with dishonest or fraudulent purpose, to make any distribution with the design of defrauding creditors, members, or the corporation, is guilty of a cri
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Corporations Code - CORP - CORP § 6812
Corporations Code - CORP - CORP § 6812
(a) Every director or officer of any corporation is guilty of a crime if such director or officer knowingly concurs in making or publishing, either generally or privately, to members or other persons (1) any materially false report or statement as to the financial condition of th
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Corporations Code - CORP - CORP § 6813
Corporations Code - CORP - CORP § 6813
(a) Every director, officer or agent of any corporation, who knowingly receives or acquires possession of any property of the corporation, otherwise than in payment of a just demand, and, with intent to defraud, omits to make, or to cause or direct to be made, a full and true ent
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Corporations Code - CORP - CORP § 6814
Corporations Code - CORP - CORP § 6814
Every director, officer or agent of any corporation, or any person proposing to organize such a corporation, who knowingly exhibits any false, forged or altered book, paper, voucher, security or other instrument of evidence to any public officer or board authorized by law to exam
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Corporations Code - CORP - CORP § 6815
Corporations Code - CORP - CORP § 6815
Nothing in this chapter limits the power of the state to punish any person for any conduct which constitutes a crime under any other statute.
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Corporations Code - CORP - CORP § 6910
Corporations Code - CORP - CORP § 6910
Foreign corporations transacting intrastate business shall comply with Chapter 21 (commencing with Section 2100) of Division 1, except as to matters specifically otherwise provided for in this part and except that Section 2115 shall not be applicable.
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Corporations Code - CORP - CORP § 7
Corporations Code - CORP - CORP § 7
Whenever, by the provisions of this code, a power is granted to, or a duty imposed upon, a public officer, the power may be exercised or the duty performed by a deputy of the officer or by a person authorized, pursuant to law, by the officer, unless this code expressly provides o
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Corporations Code - CORP - CORP § 700
Corporations Code - CORP - CORP § 700
(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 ma
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Corporations Code - CORP - CORP § 701
Corporations Code - CORP - CORP § 701
(a) In order that the corporation may determine the shareholders entitled to notice of any meeting or to vote or entitled to receive payment of any dividend or other distribution or allotment of any rights or entitled to exercise any rights in respect of any other lawful action,
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Corporations Code - CORP - CORP § 702
Corporations Code - CORP - CORP § 702
(a) Subject to subdivision (c) of Section 703, shares held by an administrator, executor, guardian, conservator or custodian may be voted by such holder either in person or by proxy, without a transfer of such shares into the holder’s name; and shares standing in the name of a tr
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Corporations Code - CORP - CORP § 703
Corporations Code - CORP - CORP § 703
(a) Shares standing in the name of another corporation, domestic or foreign, may be voted by an officer, agent, or proxyholder as the bylaws of the other corporation may prescribe or, in the absence of such provision, as the board of the other corporation may determine or, in the
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Corporations Code - CORP - CORP § 704
Corporations Code - CORP - CORP § 704
(a) If shares stand of record in the names of two or more persons, whether fiduciaries, members of a partnership, joint tenants, tenants in common, spouses as community property, tenants by the entirety, voting trustees, persons entitled to vote under a shareholder voting agreeme
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Corporations Code - CORP - CORP § 705
Corporations Code - CORP - CORP § 705
(a) Every person entitled to vote shares may authorize another person or persons to act by proxy with respect to such shares. Any proxy purporting to be executed in accordance with the provisions of this division shall be presumptively valid. (b) No proxy shall be valid after the
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Corporations Code - CORP - CORP § 706
Corporations Code - CORP - CORP § 706
(a) Notwithstanding any other provision of this division, an agreement between two or more shareholders of a corporation, if in writing and signed by the parties thereto, may provide that in exercising any voting rights the shares held by them shall be voted as provided by the ag
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Corporations Code - CORP - CORP § 707
Corporations Code - CORP - CORP § 707
(a) In advance of any meeting of shareholders the board may appoint inspectors of election to act at the meeting and any adjournment thereof. If inspectors of election are not so appointed, or if any persons so appointed fail to appear or refuse to act, the chairperson of any mee