California Statutes
§ 304. — 304. (Repealed and added by Stats. 1975, Ch. 682.)
California § 304.
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 § 304. (304. (Repealed and added by Stats. 1975, Ch. 682.))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 § 304. (2026).
Text
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
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Repealed and added by Stats. 1975, Ch. 682.
Cite This Page — Counsel Stack
Bluebook (online)
California § 304., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/CORP/304..