Ca_Law

statute | California

Corporations Code - CORP - CORP § 5526

  • UIDca_leginfo_codes:corp-5526
  • CitationCorporations Code - CORP - CORP § 5526
  • Court / bodyCalifornia Legislative Counsel
  • Decision dateN/A
  • CollectionPUBINFO_2025
  • SourceOriginal

Summary

Without authorization of the board, no corporate funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.

Text

Without authorization of the board, no corporate funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.

Retrieval chunks

  • #1 | Corporations Code - CORP - CORP § 5526

    Without authorization of the board, no corporate funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.