California § 12363. 12363. (Added by Stats. 1982, Ch. 1625, Sec. 3.)

California Statutes

§ 12363. — 12363. (Added by Stats. 1982, Ch. 1625, Sec. 3.)

California § 12363.

JurisdictionCalifornia

Code CORPCorporations Code - CORP

Div.3.

Title 1.DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES

Part 2.PART 2. COOPERATIVE CORPORATIONS

Ch. 2.CHAPTER 2. Directors and Management

Art. 2.ARTICLE 2. Selection, Removal and Resignation of Directors

This text of California § 12363. (12363. (Added by Stats. 1982, Ch. 1625, Sec. 3.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Corporations Code - CORP Code § 12363. (2026).

Text

The superior court of the proper county may, at the suit of a director, or members possessing 5 percent of the voting power, remove from office any director in case of fraudulent or dishonest acts or gross abuse of authority or discretion with reference to the corporation and may bar from reelection any director so removed for a period prescribed by the court. The corporation shall be made a party to such action.

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The superior court of the proper county may, at the suit of a director, or members possessing 5 percent of the voting power, remove from office any director in case of fraudulent or dishonest acts or gross abuse of authority or discretion with reference to the corporation and may bar from reelection any director so removed for a period prescribed by the court. The corporation shall be made a party to such action.

Legislative History

Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.

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California § 12363., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/12363..