California Corporations Code 12470 – As to directors elected by members, there shall be available to the …
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As to directors elected by members, there shall be available to the members reasonable nomination and election procedures given the nature, size and operations of the corporation.
(Amended by Stats. 1996, Ch. 589, Sec. 52. Effective January 1, 1997.)
Terms Used In California Corporations Code 12470
- Directors: means natural persons, designated in the articles or bylaws or elected by the incorporators, and their successors and natural persons designated, elected, or appointed by any other name or title to act as members of the governing body of the corporation. See California Corporations Code 12233