California Statutes
§ 304. — 304. (Repealed and added by Stats. 1975, Ch. 682.)
California·Code CORP Corporations Code - CORP·Div. 1.·Title 1. DIVISION 1. GENERAL CORPORATION LAW·Ch. 3. CHAPTER 3. Directors and Management
The superior court of the proper county may, at the suit of shareholders holding at least 10 percent of the number of outstanding shares of any class, remove from office any director in case of fraudulent or dishonest acts or gross abuse of authority or discretion with reference to the corporation and may bar from reelection any director so removed for a period prescribed by the court. The corporation shall be made a party to such action.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 304. (304. (Repealed and added by Stats. 1975, Ch. 682.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
In Re Teledyne Defense Contracting Derivative Litigation
849 F. Supp. 1369 (C.D. California, 1993)
Legislative History
Repealed and added by Stats. 1975, Ch. 682.