California Statutes
§ 12476. — 12476. (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
Without authorization of the board, no corporation funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.
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California § 12476. (12476. (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.