California Statutes

§ 14009. — 14009. (Added by Stats. 2013, Ch. 537, Sec. 2.)

California § 14009.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.3.
Title 1.DIVISION 3. CORPORATIONS FOR SPECIFIC PURPOSES
Part 5.PART 5. SMALL BUSINESSES
Ch. 1.CHAPTER 1. California Small Business Financial Development Corporations
Art. 4.ARTICLE 4. New Corporations

This text of California § 14009. (14009. (Added by Stats. 2013, Ch. 537, Sec. 2.)) 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 § 14009. (2026).

Text

(a)Each corporation shall have provisions establishing a grievance procedure for employees, clients, or potential clients, to appeal a decision or obtain redress of an action done by the staff or loan committee of the corporation. The procedures shall be established in writing during the probationary period of a new corporation.
(b)The bylaws of the corporation shall authorize the removal of officers only by a two-thirds vote of the directors of the corporation.

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Legislative History

Added by Stats. 2013, Ch. 537, Sec. 2. (AB 1247) Effective October 4, 2013.
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California § 14009., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/14009..