Cal. Corp. Code § 17711.12

Current through the 2024 Legislative Session.

Section 17711.12 - Litigation testing vote or consent in authorizing reorganization

If litigation is instituted to test the sufficiency or regularity of the vote or consent of the members in authorizing a reorganization, any proceedings under Sections 17711.06 and 17711.07 shall be suspended until final determination of that litigation.

Ca. Corp. Code § 17711.12

Added by Stats 2012 ch 419 (SB 323),s 20, eff. 1/1/2013.