California Statutes
§ 2116. — 2116. (Added by Stats. 1975, Ch. 682.)
California § 2116.
JurisdictionCalifornia
Code CORPCorporations Code - CORP
Div.1.
Title 1.DIVISION 1. GENERAL CORPORATION LAW
Ch. 21.CHAPTER 21. Foreign Corporations
This text of California § 2116. (2116. (Added by Stats. 1975, Ch. 682.)) 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 § 2116. (2026).
Text
The directors of a foreign corporation transacting intrastate business are liable to the corporation, its shareholders, creditors, receiver, liquidator or trustee in bankruptcy for the making of unauthorized dividends, purchase of shares or distribution of assets or false certificates, reports or public notices or other violation of official duty according to any applicable laws of the state or place of incorporation or organization, whether committed or done in this state or elsewhere. Such liability may be enforced in the courts of this state.
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Legislative History
Added by Stats. 1975, Ch. 682.
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California § 2116., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/2116..