California § 2306. 2306. (Added by Stats. 1975, Ch. 682.)

California Statutes

§ 2306. — 2306. (Added by Stats. 1975, Ch. 682.)

California § 2306.

JurisdictionCalifornia

Code CORPCorporations Code - CORP

Div.1.

Title 1.DIVISION 1. GENERAL CORPORATION LAW

Ch. 23.CHAPTER 23. Transition Provisions

This text of California § 2306. (2306. (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 § 2306. (2026).

Text

Section 317 of the new law governs any proposed indemnification by a corporation after the effective date, whether the events upon which the indemnification is based occurred before or after the effective date. Any statement relating to indemnification contained in the articles or bylaws of a corporation on the effective date shall not be construed as limiting the indemnification permitted by Section 317 unless it is expressly stated as so intended.

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Section 317 of the new law governs any proposed indemnification by a corporation after the effective date, whether the events upon which the indemnification is based occurred before or after the effective date. Any statement relating to indemnification contained in the articles or bylaws of a corporation on the effective date shall not be construed as limiting the indemnification permitted by Section 317 unless it is expressly stated as so intended.

Legislative History

Added by Stats. 1975, Ch. 682.

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California § 2306., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/2306..