California Statutes

§ 12475. — 12475. (Added by Stats. 1982, Ch. 1625, Sec. 3.)

California·Code CORP Corporations Code - CORP·Div. 3.·Title 1. DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES·Part 2. PART 2. COOPERATIVE CORPORATIONS·Ch. 5. CHAPTER 5. Meetings and Voting·Art. 2. ARTICLE 2. Additional Provisions Relating to Election of Directors
(a)Except as provided in subdivision (c), no corporation may decline to publish or mail material, otherwise required to be published or mailed on behalf of any nominee under this article, on the basis of the content of such material.
(b)Neither the corporation, nor its agents, officers, directors, or employees, may be held criminally liable, liable for any negligence (active or passive) or otherwise liable for damages to any person on account of any material which is supplied by a nominee for director and which it mails or publishes pursuant to Section 12473 or 12474 but the nominee on whose behalf such material was published or mailed shall be liable and shall indemnify and hold the corporation, its agents, officers, directors, and employees and each of them harmless from all demands,

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California § 12475. (12475. (Added by Stats. 1982, Ch. 1625, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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