Home/California/Statutes/Code CORP: Corporations 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. 7.: ARTICLE 7. Conflict of Interest/§ 14023.
California Statutes

§ 14023. — 14023. (Repealed and added by Stats. 2013, Ch. 537, Sec. 2.)

California § 14023.
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. 7.ARTICLE 7. Conflict of Interest

This text of California § 14023. (14023. (Repealed and added by Stats. 2013, Ch. 537, Sec. 2.))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 § 14023. (2026).

Text

It shall be unlawful for a member of the bank board or for the executive director, program manager, or any person who is an officer or director of a corporation, or who is an employee of the California Infrastructure and Economic Development Bank to purchase or receive, or to be otherwise interested in the purchase or receipt, directly or indirectly, of any asset of a corporation, without paying to the corporation the fair market value of the asset at the time of the transaction.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

Repealed and added by Stats. 2013, Ch. 537, Sec. 2. (AB 1247) Effective October 4, 2013.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
California § 14023., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/14023..