Ca_Law

statute | California

Corporations Code - CORP - CORP § 5222

Summary

(a) Subject to subdivisions (b) and (f), any or all directors may be removed without cause if: (1) In a corporation with fewer than 50 members, the removal is approved by a majority of all members (Section 5033). (2) In a corporation with 50 or more members, the removal is approv

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  • #1 | Corporations Code - CORP - CORP § 5222

    (a) Subject to subdivisions (b) and (f), any or all directors may be removed without cause if: (1) In a corporation with fewer than 50 members, the removal is approved by a majority of all members (Section 5033). (2) In a corporation with 50 or more members, the removal is approved by the members (Section 5034). …

  • #2

    (2) If the governing article or bylaw provision contains no provision under which a different person may be designated, the governing article or bylaw provision shall be deemed repealed. (f) For the purposes of this subdivision, “designator” means one or more designators. If by the provisions of the articles or byl…