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DIVISION 1 - GENERAL CORPORATION LAW
CHAPTER 1 - General Provisions and Definitions
Section 100. - 100. (a) This division shall be known and may be...
Section 101. - 101. Unless the provision or the context otherwise requires, the...
Section 102. - 102. (a) Subject to Chapter 23 (commencing with Section 2300)...
Section 103. - 103. Every corporation organized under the laws of this state,...
Section 104. - 104. Unless otherwise expressly provided, whenever reference is made in...
Section 105. - 105. A corporation or association may be sued as provided...
Section 106. - 106. Any corporation heretofore or hereafter formed under this division...
Section 107. - 107. No corporation, social purpose corporation, association, or individual shall...
Section 108. - 108. The fees of the Secretary of State for filing...
Section 109. - 109. (a) Any agreement, certificate or other instrument relating to...
Section 109.5. - 109.5. (a) Provisions of the articles described in paragraph (3)...
Section 110. - 110. (a) Upon receipt of any instrument by the Secretary...
Section 110.5. - 110.5. The Secretary of State may cancel the filing of...
Section 111. - 111. All references in this division to the voting of...
Section 112. - 112. If the articles provide for more or less than...
Section 113. - 113. Any reference in this division to mailing means first-class...
Section 114. - 114. All references in this division to financial statements, balance...
Section 115. - 115. As used in this division, independent accountant means a...
Section 116. - 116. Nothing contained in this division modifies the provisions of...
Section 117. - 117. Any requirement in this division for a vote of...
Section 118. - 118. Any reference in this division to the time a...
Section 119. - 119. (a) (1) Otherwise lawful corporate actions not in compliance,...
Section 149. - 149. “Acknowledged” means that an instrument is either: (a) Formally...
Section 150. - 150. A corporation is an “affiliate” of, or a corporation...
Section 151. - 151. “Approved by (or approval of) the board” means approved...
Section 152. - 152. “Approved by (or approval of) the outstanding shares” means...
Section 153. - 153. “Approved by (or approval of) the shareholders” means approved...
Section 154. - 154. “Articles” includes the articles of incorporation, amendments thereto, amended...
Section 155. - 155. “Board” means the board of directors of the corporation....
Section 156. - 156. “Certificate of determination” means a certificate executed and filed...
Section 156.1. - 156.1. “Certificated security” means a share (Section 184), as defined...
Section 156.5. - 156.5. “Certificate of Redomestication” is the document by which the...
Section 156.6. - 156.6. All references in this division to “chairperson of the...
Section 157. - 157. “Chapter” refers to a chapter of this Division 1...
Section 158. - 158. (a) “Close corporation” means a corporation, including a close...
Section 159. - 159. “Common shares” means shares which have no preference over...
Section 160. - 160. (a) Except as provided in subdivision (b), “control” means...
Section 161. - 161. “Constituent corporation” means a corporation which is merged with...
Section 161.5. - 161.5. “Constituent limited partnership” means a limited partnership which is...
Section 161.7. - 161.7. “Constituent other business entity” means an other business entity...
Section 161.9. - 161.9. “Conversion” means a conversion pursuant to Chapter 11.5 (commencing...
Section 162. - 162. “Corporation”, unless otherwise expressly provided, refers only to a...
Section 163. - 163. “Corporation subject to the Banking Law” (Division 1.1 (commencing...
Section 163.1. - 163.1. For purposes of subdivision (b) of Section 500 and...
Section 164. - 164. “Directors” means natural persons designated in the articles as...
Section 165. - 165. “Disappearing corporation” means a constituent corporation which is not...
Section 165.5. - 165.5. “Disappearing limited partnership” means a constituent limited partnership which...
Section 166. - 166. “Distribution to its shareholders” means the transfer of cash...
Section 167. - 167. “Domestic corporation” means a corporation formed under the laws...
Section 167.3. - 167.3. “Domestic limited liability company” means a limited liability company...
Section 167.5. - 167.5. “Domestic limited partnership” means any limited partnership formed under...
Section 167.7. - 167.7. “Domestic other business entity” means an other business entity...
Section 167.8. - 167.8. “Disappearing other business entity” means a constituent other business...
Section 168. - 168. “Equity security” in Sections 181, 1001, 1113, 1200, and...
Section 169. - 169. “Filed”, unless otherwise expressly provided, means filed in the...
Section 170. - 170. “Foreign association” means a business association organized as a...
Section 171. - 171. “Foreign corporation” means any corporation other than a domestic...
Section 171.03. - 171.03. “Foreign limited liability company” means a foreign limited liability...
Section 171.05. - 171.05. “Foreign limited partnership” means any limited partnership, including a...
Section 171.07. - 171.07. “Foreign other business entity” means an other business entity...
Section 171.08. - 171.08. “Social purpose corporation” means any social purpose corporation formed...
Section 171.1. - 171.1. “Initial transaction statement” means a statement signed by or...
Section 171.3. - 171.3. “Limited liability company” means a limited liability company as...
Section 171.5. - 171.5. “Limited partnership” means a partnership formed by two or...
Section 172. - 172. “Liquidation price” or “liquidation preference” means amounts payable on...
Section 173. - 173. “Officers’ certificate” means a certificate signed and verified by...
Section 174. - 174. “On the certificate” means that a statement appears on...
Section 174.5. - 174.5. “Other business entity” means a domestic or foreign limited...
Section 175. - 175. Except as used in Sections 1001, 1101, and 1113,...
Section 176. - 176. “Preferred shares” means shares other than common shares. (Added...
Section 177. - 177. “Proper county” means the county where the principal office...
Section 178. - 178. “Proxy” means a written authorization signed or an electronic...
Section 179. - 179. “Proxyholder” means the person or persons to whom a...
Section 180. - 180. “Redemption price” means the amount or amounts (in cash,...
Section 180.5. - 180.5. “Redomestication” means the transfer of an insurer’s place of...
Section 181. - 181. “Reorganization” means either: (a) A merger pursuant to Chapter...
Section 182. - 182. “Reverse stock split” means the pro rata combination of...
Section 183. - 183. “Series” of shares means those shares within a class...
Section 183.5. - 183.5. “Share exchange tender offer” means any acquisition by one...
Section 184. - 184. “Shares” means the units into which the proprietary interests...
Section 185. - 185. “Shareholder” means one who is a holder of record...
Section 186. - 186. “Shareholders’ agreement” means a written agreement among all of...
Section 187. - 187. “Short-form merger” means a merger pursuant to Section 1110....
Section 188. - 188. “Stock split” means the pro rata division, otherwise than...
Section 189. - 189. (a) Except as provided in subdivision (b), “subsidiary” of...
Section 190. - 190. “Surviving corporation” means a corporation into which one or...
Section 190.5. - 190.5. “Surviving limited partnership” means a limited partnership into which...
Section 190.7. - 190.7. “Surviving other business entity” means an other business entity...
Section 191. - 191. (a) For the purposes of Chapter 21 (commencing with...
Section 191.1. - 191.1. “Uncertificated security” means a share (Section 184), or an...
Section 192. - 192. “Vacancy” when used with respect to the board means...
Section 193. - 193. “Verified” means that the statements contained in a certificate...
Section 194. - 194. “Vote” includes authorization by written consent, subject to the...
Section 194.5. - 194.5. “Voting power” means the power to vote for the...
Section 194.7. - 194.7. “Voting shift” means a change, pursuant to or by...
Section 195. - 195. “Written” or “in writing” includes facsimile, telegraphic, and other...
CHAPTER 2 - Organization and Bylaws
Section 200. - 200. (a) One or more natural persons, partnerships, associations or...
Section 200.5. - 200.5. (a) An existing business association organized as a trust...
Section 201. - 201. (a) The Secretary of State shall not file articles...
Section 201.5. - 201.5. The Secretary of State shall not file articles in...
Section 201.6. - 201.6. (a) (1) When an insurer has been approved by...
Section 201.7. - 201.7. Upon receipt of a certified copy of the commissioner’s...
Section 202. - 202. The articles of incorporation shall set forth: (a) The...
Section 203. - 203. Except as specified in the articles or in any...
Section 203.5. - 203.5. (a) If the articles include the designation and number...
Section 204. - 204. The articles of incorporation may set forth: (a) Any...
Section 204.5. - 204.5. (a) If the articles of a corporation include a...
Section 205. - 205. Solely for the purpose of any statute or regulation...
Section 206. - 206. Subject to any limitation contained in the articles and...
Section 207. - 207. Subject to any limitations contained in the articles and...
Section 208. - 208. (a) No limitation upon the business, purposes or powers...
Section 209. - 209. For all purposes other than an action in the...
Section 210. - 210. If initial directors have not been named in the...
Section 211. - 211. Bylaws may be adopted, amended or repealed either by...
Section 212. - 212. (a) The bylaws shall set forth (unless such provision...
Section 213. - 213. Every corporation shall keep at its principal office in...
CHAPTER 3 - Directors and Management
Section 300. - 300. (a) Subject to the provisions of this division and...
Section 301. - 301. (a) Except as provided in Section 301.5, at each...
Section 301.3. - 301.3. (a) No later than the close of the 2019...
Section 301.4. - 301.4. (a) No later than the close of the 2021...
Section 301.5. - 301.5. (a) A listed corporation may, by amendment of its...
Section 301.7. - 301.7. (a) A listed corporation engaged in business limited to...
Section 301.9. - 301.9. Notwithstanding Section 301, a mutual water company organized under...
Section 302. - 302. The board may declare vacant the office of a...
Section 303. - 303. (a) Any or all of the directors may be...
Section 304. - 304. The superior court of the proper county may, at...
Section 305. - 305. (a) Unless otherwise provided in the articles or bylaws...
Section 306. - 306. If (a) a corporation has not issued shares and...
Section 307. - 307. (a) Unless otherwise provided in the articles or, subject...
Section 308. - 308. (a) If a corporation has an even number of...
Section 309. - 309. (a) A director shall perform the duties of a...
Section 310. - 310. (a) No contract or other transaction between a corporation...
Section 311. - 311. The board may, by resolution adopted by a majority...
Section 312. - 312. (a) A corporation shall have (1) a chairperson of...
Section 313. - 313. Subject to the provisions of subdivision (a) of Section...
Section 314. - 314. The original or a copy in writing or in...
Section 315. - 315. (a) A corporation shall not make any loan of...
Section 316. - 316. (a) Subject to the provisions of Section 309, directors...
Section 317. - 317. (a) For the purposes of this section, “agent” means...
Section 318. - 318. (a) The Secretary of State shall develop and maintain...
CHAPTER 4 - Shares and Share Certificates
Section 400. - 400. (a) A corporation may issue one or more classes...
Section 401. - 401. (a) Before any corporation issues any shares of any...
Section 402. - 402. (a) A corporation may provide in its articles for...
Section 402.5. - 402.5. The rights, preferences, privileges, and restrictions granted to or...
Section 403. - 403. (a) When so provided in the articles, a corporation...
Section 404. - 404. Either in connection with the issue, subscription or sale...
Section 405. - 405. (a) If at the time of granting option or...
Section 406. - 406. Unless the articles provide otherwise, the board may issue...
Section 407. - 407. A corporation may, but is not required to, issue...
Section 408. - 408. (a) A corporation may adopt and carry out a...
Section 409. - 409. (a) Shares may be issued: (1) For such consideration...
Section 410. - 410. (a) Every subscriber to shares and every person to...
Section 411. - 411. A transferee of shares for which the full agreed...
Section 412. - 412. Every transferee of partly paid shares who acquired them...
Section 413. - 413. A person holding shares as pledgee, executor, administrator, guardian,...
Section 414. - 414. (a) No action shall be brought by or on...
Section 415. - 415. Nothing in this division shall be construed as a...
Section 416. - 416. (a) Every holder of shares in a corporation shall...
Section 417. - 417. If the shares of the corporation are classified or...
Section 418. - 418. (a) There shall also appear on the certificate, the...
Section 419. - 419. (a) A domestic or foreign corporation may issue a...
Section 420. - 420. Neither a domestic nor foreign corporation nor its transfer...
Section 421. - 421. Each holder of shares of a close corporation, whether...
Section 422. - 422. (a) When the articles are amended in any way...
Section 423. - 423. (a) Shares are not assessable except as provided in...
CHAPTER 5 - Dividends and Reacquisitions of Shares
Section 500. - 500. (a) Neither a corporation nor any of its subsidiaries...
Section 501. - 501. Neither a corporation nor any of its subsidiaries shall...
Section 503. - 503. (a) The provisions of Sections 500 and 501 shall...
Section 504. - 504. (a) The provisions of Section 500 do not apply...
Section 505. - 505. Nothing in this chapter prohibits additional restrictions upon the...
Section 506. - 506. (a) Any shareholder who receives any distribution prohibited by...
Section 508. - 508. This chapter does not apply in connection with any...
Section 509. - 509. (a) A corporation may redeem any or all shares...
Section 510. - 510. (a) When a corporation reacquires its own shares, those...
Section 511. - 511. Notwithstanding the provisions of this chapter, a negotiable instrument...
CHAPTER 6 - Shareholders Meetings and Consents
Section 600. - 600. (a) Meetings of shareholders may be held at any...
Section 601. - 601. (a) Whenever shareholders are required or permitted to take...
Section 602. - 602. (a) Unless otherwise provided in the articles, a majority...
Section 603. - 603. (a) Unless otherwise provided in the articles, any action...
Section 604. - 604. (a) Any form of proxy or written consent distributed...
Section 605. - 605. (a) For the purpose of determining whether a corporation...
CHAPTER 7 - Voting of Shares
Section 700. - 700. (a) Except as provided in Section 708 and except...
Section 701. - 701. (a) In order that the corporation may determine the...
Section 702. - 702. (a) Subject to subdivision (c) of Section 703, shares...
Section 703. - 703. (a) Shares standing in the name of another corporation,...
Section 704. - 704. (a) If shares stand of record in the names...
Section 705. - 705. (a) Every person entitled to vote shares may authorize...
Section 706. - 706. (a) Notwithstanding any other provision of this division, an...
Section 707. - 707. (a) In advance of any meeting of shareholders the...
Section 708. - 708. (a) Except as provided in Sections 301.5 and 708.5,...
Section 708.5. - 708.5. (a) For purposes of this section,the following definitions shall...
Section 709. - 709. (a) Upon the filing of an action therefor by...
Section 710. - 710. (a) This section applies to a corporation with outstanding...
Section 711. - 711. (a) The Legislature finds and declares that: Many of...
CHAPTER 8 - Shareholder Derivative Actions
Section 800. - 800. (a) As used in this section, “corporation” includes an...
CHAPTER 9 - Amendment of Articles
Section 900. - 900. (a) By complying with the provisions of this chapter,...
Section 901. - 901. Before any shares have been issued, any amendment of...
Section 902. - 902. (a) After any shares have been issued, amendments may...
Section 903. - 903. (a) A proposed amendment must be approved by the...
Section 904. - 904. (a) Except as provided in subdivision (b), if any...
Section 905. - 905. In the case of amendments adopted after the corporation...
Section 906. - 906. In the case of amendments adopted by the incorporators...
Section 907. - 907. (a) The certificate of amendment shall establish the wording...
Section 908. - 908. Upon the filing of the certificate of amendment, the...
Section 909. - 909. A corporation formed for a limited period may at...
Section 910. - 910. (a) A corporation may restate in a single certificate...
Section 911. - 911. (a) A corporation may, by amendment of its articles...
CHAPTER 10 - Sales of Assets
Section 1000. - 1000. Any mortgage, deed of trust, pledge or other hypothecation...
Section 1001. - 1001. (a) A corporation may sell, lease, convey, exchange, transfer,...
Section 1002. - 1002. Any deed or instrument conveying or otherwise transferring any...
CHAPTER 11 - Merger
Section 1100. - 1100. Any two or more corporations may be merged into...
Section 1101. - 1101. (a) The board of each corporation that desires to...
Section 1101.1. - 1101.1. Subdivision (c) of Section 1113 and subdivision (b) of...
Section 1102. - 1102. Each corporation shall sign the agreement by its chairperson...
Section 1103. - 1103. After approval of a merger by the board and...
Section 1104. - 1104. Any amendment to the agreement may be adopted and...
Section 1105. - 1105. The board may, in its discretion, abandon a merger,...
Section 1106. - 1106. A copy of an agreement of merger certified on...
Section 1107. - 1107. (a) Upon merger pursuant to this chapter the separate...
Section 1107.5. - 1107.5. (a) Upon merger pursuant to this chapter, a surviving...
Section 1108. - 1108. (a) The merger of any number of domestic corporations...
Section 1109. - 1109. Whenever a domestic or foreign corporation or domestic or...
Section 1110. - 1110. (a) If a domestic corporation owns all the outstanding...
Section 1111. - 1111. If any disappearing corporation in a merger is a...
Section 1112. - 1112. If a disappearing corporation in a merger is a...
Section 1112.5. - 1112.5. If a disappearing corporation in a merger is a...
Section 1113. - 1113. (a) Any one or more corporations may merge with...
CHAPTER 11.5 - Conversions
Section 1150. - 1150. For purposes of this chapter, the following definitions shall...
Section 1151. - 1151. (a) A corporation may be converted into a domestic...
Section 1152. - 1152. (a) A corporation that desires to convert to a...
Section 1153. - 1153. (a) After the approval, as provided in Section 1152,...
Section 1154. - 1154. (a) To enforce an obligation of a corporation that...
Section 1155. - 1155. (a) To convert a corporation: (1) If the corporation...
Section 1156. - 1156. (a) Whenever a corporation or other business entity having...
Section 1157. - 1157. (a) A domestic other business entity, foreign other business...
Section 1158. - 1158. (a) An entity that converts into another entity pursuant...
Section 1159. - 1159. The shareholders of a converting corporation shall have all...
CHAPTER 12 - Reorganizations
Section 1200. - 1200. A reorganization (Section 181) or a share exchange tender...
Section 1201. - 1201. (a) The principal terms of a reorganization shall be...
Section 1201.5. - 1201.5. (a) The principal terms of a share exchange tender...
Section 1202. - 1202. (a) In addition to the requirements of Section 1201,...
Section 1203. - 1203. (a) If a tender offer, including a share exchange...
CHAPTER 13 - Dissenters Rights
Section 1300. - 1300. (a) If the approval of the outstanding shares (Section...
Section 1301. - 1301. (a) If, in the case of a reorganization, any...
Section 1302. - 1302. Within 30 days after the date on which notice...
Section 1303. - 1303. (a) If the corporation and the shareholder agree that...
Section 1304. - 1304. (a) If the corporation denies that the shares are...
Section 1305. - 1305. (a) If the court appoints an appraiser or appraisers,...
Section 1306. - 1306. To the extent that the provisions of Chapter 5...
Section 1307. - 1307. Cash dividends declared and paid by the corporation upon...
Section 1308. - 1308. Except as expressly limited in this chapter, holders of...
Section 1309. - 1309. Dissenting shares lose their status as dissenting shares and...
Section 1310. - 1310. If litigation is instituted to test the sufficiency or...
Section 1311. - 1311. This chapter, except Section 1312, does not apply to...
Section 1312. - 1312. (a) No shareholder of a corporation who has a...
Section 1313. - 1313. A conversion pursuant to Chapter 11.5 (commencing with Section...
CHAPTER 14 - Bankruptcy Reorganizations and Arrangements
Section 1400. - 1400. (a) Any domestic corporation with respect to which a...
Section 1401. - 1401. (a) A certificate of any amendment, change or alteration...
Section 1401.5. - 1401.5. (a) A trustee, liquidating agent, responsible officer, or other...
Section 1402. - 1402. The provisions of this chapter shall cease to apply...
Section 1403. - 1403. For filing any certificate, agreement or other paper pursuant...
CHAPTER 15 - Records and Reports
Section 1500. - 1500. Each corporation shall keep adequate and correct books and...
Section 1501. - 1501. (a) (1) The board shall cause an annual report...
Section 1502. - 1502. (a) Every corporation shall file, within 90 days after...
Section 1502.1. - 1502.1. (a) In addition to the statement required pursuant to...
Section 1503. - 1503. (a) An agent designated for service of process pursuant...
Section 1504. - 1504. If a natural person who has been designated agent...
Section 1505. - 1505. (a) Any domestic or foreign corporation, before it may...
Section 1506. - 1506. Upon request of an assessor, a domestic or foreign...
Section 1507. - 1507. Any officers, directors, employees or agents of a corporation...
Section 1508. - 1508. The Attorney General, upon complaint that a foreign or...
Section 1509. - 1509. For a period of 60 days following the conclusion...
Section 1510. - 1510. (a) Any foreign corporation qualified to transact intrastate business...
Section 1511. - 1511. Any foreign corporation which is not qualified to transact...
Section 1512. - 1512. (a) For the purposes of Sections 1509, 1510, and...
CHAPTER 16 - Rights of Inspection
Section 1600. - 1600. (a) A shareholder or shareholders holding at least 5...
Section 1601. - 1601. (a) (1) The accounting books, records, and minutes of...
Section 1602. - 1602. Every director shall have the absolute right at any...
Section 1603. - 1603. (a) Upon refusal of a lawful demand for inspection,...
Section 1604. - 1604. In any action or proceeding under Section 1600 or...
Section 1605. - 1605. If any record subject to inspection pursuant to this...
CHAPTER 17 - Service of Process
Section 1700. - 1700. In addition to the provisions of Chapter 4 (commencing...
Section 1701. - 1701. Delivery by hand of a copy of any process...
Section 1702. - 1702. (a) If an agent for the purpose of service...
CHAPTER 18 - Involuntary Dissolution
Section 1800. - 1800. (a) A verified complaint for involuntary dissolution of a...
Section 1801. - 1801. (a) The Attorney General may bring an action against...
Section 1802. - 1802. If the ground for the complaint for involuntary dissolution...
Section 1803. - 1803. If, at the time of the filing of a...
Section 1804. - 1804. After hearing the court may decree a winding up...
Section 1805. - 1805. (a) Involuntary proceedings for winding up a corporation commence...
Section 1806. - 1806. When an involuntary proceeding for winding up has been...
Section 1807. - 1807. (a) All creditors and claimants may be barred from...
Section 1808. - 1808. (a) Upon the final settlement of the accounts of...
Section 1809. - 1809. Whenever a corporation is dissolved or its existence forfeited...
CHAPTER 19 - Voluntary Dissolution
Section 1900. - 1900. (a) Any corporation may elect voluntarily to wind up...
Section 1900.5. - 1900.5. (a) Notwithstanding any other provision of this division, when...
Section 1901. - 1901. (a) Whenever a corporation has elected to wind up...
Section 1902. - 1902. (a) A voluntary election to wind up and dissolve...
Section 1903. - 1903. (a) Voluntary proceedings for winding up the corporation commence...
Section 1904. - 1904. If a corporation is in the process of voluntary...
Section 1905. - 1905. (a) When a corporation has been completely wound up...
Section 1905.1. - 1905.1. If a corporation has filed a certificate of dissolution...
Section 1906. - 1906. Except as otherwise provided by law, if the term...
Section 1907. - 1907. (a) The board, in lieu of filing the certificate...
CHAPTER 20 - General Provisions Relating to Dissolution
Section 2000. - 2000. (a) Subject to any contrary provision in the articles,...
Section 2001. - 2001. The powers and duties of the directors (or other...
Section 2002. - 2002. A vacancy on the board may be filled during...
Section 2003. - 2003. When the identity of the directors or their right...
Section 2004. - 2004. After determining that all the known debts and liabilities...
Section 2005. - 2005. The payment of a debt or liability, whether the...
Section 2006. - 2006. Distribution may be made either in money or in...
Section 2007. - 2007. (a) If the corporation in process of winding up...
Section 2008. - 2008. (a) If any shareholders or creditors are unknown or...
Section 2009. - 2009. (a) Whenever in the process of winding up a...
Section 2010. - 2010. (a) A corporation which is dissolved nevertheless continues to...
Section 2011. - 2011. (a) (1) Causes of action against a dissolved corporation,...
CHAPTER 21 - Foreign Corporations
Section 2100. - 2100. This chapter applies only to foreign corporations transacting intrastate...
Section 2101. - 2101. (a) Any foreign corporation (other than a foreign association)...
Section 2102. - 2102. A foreign corporation which has filed a designation of...
Section 2103. - 2103. Nothing in this chapter repeals, alters or amends the...
Section 2104. - 2104. Any foreign lending institution which has not qualified to...
Section 2105. - 2105. (a) A foreign corporation shall not transact intrastate business...
Section 2106. - 2106. (a) Subject to the provisions of subdivision (b), upon...
Section 2106.5. - 2106.5. The Secretary of State shall not file any statement...
Section 2107. - 2107. (a) If any foreign corporation (but not a foreign...
Section 2110. - 2110. Delivery by hand of a copy of any process...
Section 2110.1. - 2110.1. In addition to the provisions of Chapter 4 (commencing...
Section 2111. - 2111. (a) If the agent designated for the service of...
Section 2112. - 2112. (a) Subject to Section 2113, a foreign corporation which...
Section 2113. - 2113. (a) The filing of an agreement of merger of...
Section 2114. - 2114. (a) A foreign corporation that has transacted intrastate business...
Section 2115. - 2115. (a) A foreign corporation (other than a foreign association...
Section 2115.5. - 2115.5. (a) Section 301.3 shall apply to a foreign corporation...
Section 2115.6. - 2115.6. (a) Section 301.4 shall apply to a foreign corporation...
Section 2116. - 2116. The directors of a foreign corporation transacting intrastate business...
Section 2117. - 2117. (a) Every foreign corporation (other than a foreign association)...
Section 2117.1. - 2117.1. (a) In addition to the statement required pursuant to...
CHAPTER 22 - Crimes and Penalties
Section 2200. - 2200. Every corporation that neglects, fails, or refuses: (a) to...
Section 2201. - 2201. Any officer of a corporation charged with the duty...
Section 2202. - 2202. Any penalty prescribed by Section 2200 or Section 2201...
Section 2203. - 2203. (a) Any foreign corporation which transacts intrastate business and...
Section 2204. - 2204. (a) Upon the failure of a corporation to file...
Section 2205. - 2205. (a) A corporation that (1) fails to file a...
Section 2205.5. - 2205.5. (a) A domestic corporation, as defined in Section 167,...
Section 2206. - 2206. (a) Sections 2204 and 2205 apply to foreign corporations...
Section 2207. - 2207. (a) A corporation is liable for a civil penalty...
Section 2251. - 2251. Any promoter, director or officer of a corporation who...
Section 2252. - 2252. Every person (a) who signs the name of a...
Section 2253. - 2253. Any director of a stock corporation, domestic or foreign,...
Section 2254. - 2254. Every director, officer or agent of any corporation, domestic...
Section 2255. - 2255. (a) Every director, officer or agent of any corporation,...
Section 2256. - 2256. Every officer, agent or clerk of any corporation, domestic...
Section 2257. - 2257. Every person who, without being authorized so to do,...
Section 2258. - 2258. Any foreign corporation subject to the provisions of Chapter...
Section 2259. - 2259. Any person who transacts intrastate business on behalf of...
Section 2260. - 2260. In a prosecution for a violation of Section 2252,...
CHAPTER 22.5 - Victims of Corporate Fraud Compensation Fund
Section 2280. - 2280. The Victims of Corporate Fraud Compensation Fund is hereby...
Section 2281. - 2281. As used in this chapter: (a) “Agent” means a...
Section 2282. - 2282. (a) When an aggrieved person obtains a final judgment...
Section 2282.1. - 2282.1. (a) The Secretary of State shall provide notice to...
Section 2282.2. - 2282.2. (a) The response by the corporation shall be by...
Section 2283. - 2283. (a) If the Secretary of State determines that the...
Section 2284. - 2284. (a) The Secretary of State shall render a final...
Section 2285. - 2285. The Secretary of State shall give written notice, as...
Section 2286. - 2286. The Secretary of State shall give notice, as prescribed...
Section 2287. - 2287. (a) A claimant against whom the Secretary of State...
Section 2288. - 2288. (a) Whenever the court proceeds upon a petition under...
Section 2289. - 2289. (a) Notwithstanding any other provision of this chapter and...
Section 2290. - 2290. If, at any time, the money deposited in the...
Section 2291. - 2291. Any sums received by the Secretary of State pursuant...
Section 2292. - 2292. It shall be unlawful for any person or the...
Section 2293. - 2293. When the Secretary of State has paid from the...
Section 2293.1. - 2293.1. If the Secretary of State pays from the fund...
Section 2294. - 2294. The Secretary of State shall not make any award...
Section 2295. - 2295. The failure of an aggrieved person to comply with...
Section 2296. - 2296. This chapter shall apply to applications submitted to the...
CHAPTER 23 - Transition Provisions
Section 2300. - 2300. As used in this chapter, the term “new law”...
Section 2301. - 2301. (a) Except as otherwise expressly provided in this chapter,...
Section 2302. - 2302. The provisions of Sections 202, 204 (other than subdivision...
Section 2302.1. - 2302.1. The provisions of subdivision (a) of Section 204, insofar...
Section 2302.5. - 2302.5. The absence of any reference to par value in...
Section 2303. - 2303. Sections 206 and 207 of the new law apply...
Section 2304. - 2304. The effect of a difference between the articles and...
Section 2305. - 2305. Subdivision (a) of Section 312 of the new law...
Section 2306. - 2306. Section 317 of the new law governs any proposed...
Section 2307. - 2307. Sections 417 and 418 of the new law relating...
Section 2308. - 2308. Chapter 5 of the new law applies to any...
Section 2309. - 2309. Subdivision (a) of Section 510 of the new law...
Section 2310. - 2310. The provisions of Chapter 6 (commencing with Section 600)...
Section 2311. - 2311. Section 706 of the new law applies to agreements...
Section 2312. - 2312. Section 800 of the new law applies to actions...
Section 2313. - 2313. Chapters 10 (commencing with Section 1000), 11 (commencing with...
Section 2314. - 2314. Chapters 18 (commencing with Section 1800) and 20 (commencing...
Section 2315. - 2315. Chapters 19 (commencing with Section 1900) and 20 (commencing...
Section 2316. - 2316. A foreign association which has transacted intrastate business in...
Section 2317. - 2317. When any corporate agent for service of process has...
Section 2318. - 2318. Any corporation existing on the first day of January,...
Section 2319. - 2319. If the corporate rights, privileges and powers of a...
DIVISION 1.5 - SOCIAL PURPOSE CORPORATIONS ACT
Section 2500. - 2500. This division shall be known and may be cited...
Section 2501. - 2501. Except as otherwise expressly stated, the provisions of Division...
Section 2502. - 2502. This division applies only to social purpose corporations organized...
Section 2502.01. - 2502.01. Every social purpose corporation organized under the laws of...
Section 2502.02. - 2502.02. Unless otherwise expressly provided, whenever reference is made in...
Section 2502.03. - 2502.03. A social purpose corporation may be sued in the...
Section 2502.04. - 2502.04. A social purpose corporation formed under this division shall,...
Section 2502.05. - 2502.05. The fees of the Secretary of State for filing...
Section 2502.06. - 2502.06. (a) Provisions of the articles described in paragraph (3)...
Section 2502.07. - 2502.07. Nothing contained in this division shall be construed to...
Section 2503. - 2503. “Annual report” means the report required by subdivision (a)...
Section 2503.1. - 2503.1. “Close social purpose corporation” means a social purpose corporation...
Section 2504. - 2504. “Constituent social purpose corporation” means a social purpose corporation...
Section 2505. - 2505. “Conversion” means a conversion pursuant to Chapter 11.5 (commencing...
Section 2506. - 2506. “Disappearing social purpose corporation” means a constituent social purpose...
Section 2507. - 2507. “Domestic social purpose corporation” means a corporation organized under...
Section 2509. - 2509. “Social purpose corporation,” unless otherwise expressly provided, refers only...
Section 2510. - 2510. “Social purpose corporation subject to the Banking Law” means...
Section 2510.1. - 2510.1. “Social purpose corporation subject to the Insurance Code as...
Section 2511. - 2511. “Reorganization” means a merger reorganization, an exchange reorganization, or...
Section 2512. - 2512. “Share exchange tender offer” means any acquisition by one...
Section 2513. - 2513. “Special purpose” means the special purpose set forth in...
Section 2514. - 2514. “Special purpose current report” means the report required of...
Section 2515. - 2515. “Special purpose MD&A” means the management discussion and analysis...
Section 2516. - 2516. “Special purpose objectives” means those objectives set forth by...
Section 2517. - 2517. “Surviving social purpose corporation” means a social purpose corporation...
Section 2600. - 2600. (a) One or more natural persons, partnerships, associations, social...
Section 2600.5. - 2600.5. (a) An existing business association organized as a trust...
Section 2601. - 2601. (a) The Secretary of State shall not file articles...
Section 2602. - 2602. The articles of incorporation shall set forth: (a) The...
Section 2603. - 2603. The articles of incorporation may set forth: (a) Any...
Section 2604. - 2604. Subject to any limitation contained in the articles, to...
Section 2605. - 2605. Subject to any limitations contained in the articles, to...
Section 2700. - 2700. (a) A director shall perform the duties of a...
Section 2701. - 2701. (a) Subject to Section 2700, directors of a social...
Section 2702. - 2702. (a) For the purposes of this section: (1) “Agent”...
Section 2800. - 2800. (a) All certificates representing shares of a social purpose...
CHAPTER 5 - Shareholder Derivative Actions
Section 2900. - 2900. (a) As used in this section: (1) “Social purpose...
CHAPTER 6 - Amendment of Articles
Section 3000. - 3000. (a) A proposed amendment to the articles of a...
Section 3001. - 3001. (a) A social purpose corporation may, by amendment of...
Section 3002. - 3002. (a) A social purpose corporation may, by amendment of...
CHAPTER 7 - Sales of Assets
Section 3100. - 3100. (a) A social purpose corporation may sell, lease, convey,...
CHAPTER 8 - Merger
Section 3200. - 3200. If any disappearing social purpose corporation in a merger...
Section 3201. - 3201. If any disappearing corporation in a merger is a...
Section 3202. - 3202. If a disappearing social purpose corporation in a merger...
Section 3203. - 3203. (a) Any one or more social purpose corporations may...
CHAPTER 9 - Conversions
Section 3300. - 3300. For purposes of this chapter, the following definitions shall...
Section 3301. - 3301. (a) A social purpose corporation may be converted into...
Section 3302. - 3302. (a) A social purpose corporation that desires to convert...
Section 3303. - 3303. (a) After the approval, as provided in Section 3302,...
Section 3304. - 3304. (a) To convert a social purpose corporation: (1) If...
Section 3305. - 3305. The shareholders with dissenting rights, as defined in subdivision...
Section 3306. - 3306. Notwithstanding any other provision of law, the Secretary of...
Section 3307. - 3307. (a) An other business entity or a foreign other...
CHAPTER 10 - Reorganizations
Section 3400. - 3400. A reorganization or a share exchange tender offer shall...
Section 3401. - 3401. (a) The principal terms of a reorganization shall be...
CHAPTER 11 - Records and Reports
Section 3500. - 3500. (a) The board of a social purpose corporation shall...
Section 3501. - 3501. (a) The board shall cause a special purpose current...
Section 3502. - 3502. (a) Nothing contained in subdivision (b) of Section 3500...
Section 3503. - 3503. Any officers, directors, employees, or agents of a social...
DIVISION 2 - NONPROFIT CORPORATION LAW
Section 5000. - 5000. This division shall be known and may be cited...
Section 5001. - 5001. This division of the Nonprofit Corporation Law, or any...
DIVISION 3 - CORPORATIONS FOR SPECIFIC PURPOSES