California § 301.9. 301.9. (Added by Stats. 2011, Ch. 89, Sec. 1.)

California Statutes

§ 301.9. — 301.9. (Added by Stats. 2011, Ch. 89, Sec. 1.)

California § 301.9.

JurisdictionCalifornia

Code CORPCorporations Code - CORP

Div.1.

Title 1.DIVISION 1. GENERAL CORPORATION LAW

Ch. 3.CHAPTER 3. Directors and Management

This text of California § 301.9. (301.9. (Added by Stats. 2011, Ch. 89, Sec. 1.)) 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 § 301.9. (2026).

Text

Notwithstanding Section 301, a mutual water company organized under this division may elect directors to serve staggered four-year terms if authorized in the corporation’s articles of incorporation or bylaws. Upon the initial election of directors to staggered terms, the elected directors shall determine by lot who among them shall serve initial two-year terms and who among them shall serve four-year terms. Prior to any election in which the terms of elected directors shall be determined
				  by lot, the mutual water company shall notify its shareholders that the terms of the directors elected shall be determined among those directors by lot.

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Notwithstanding Section 301, a mutual water company organized under this division may elect directors to serve staggered four-year terms if authorized in the corporation’s articles of incorporation or bylaws. Upon the initial election of directors to staggered terms, the elected directors shall determine by lot who among them shall serve initial two-year terms and who among them shall serve four-year terms. Prior to any election in which the terms of elected directors shall be determined
by lot, the mutual water company shall notify its shareholders that the terms of the directors elected shall be determined among those directors by lot.