Cal. Corp. Code § 306

Current through the 2023 Legislative Session.
Section 306 - Appointment of directors by superior court

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 directors, the superior court of any county may appoint directors of the corporation upon application by any party in interest.

Ca. Corp. Code § 306

Amended by Stats 2000 ch 485 (AB 1895), s 6, eff. 1/1/2001.