California Corporations Code 12676 – Every person who, without being authorized so to do, subscribes the …
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Every person who, without being authorized so to do, subscribes the name of another to or inserts the name of another in any prospectus, circular or other advertisement or announcement of any corporation, whether existing or intended to be formed, with intent to permit the document to be published and thereby to lead persons to believe that the person whose name is so subscribed is an officer, agent or promoter of such corporation, when in fact no such relationship exists to the knowledge of such person, is guilty of a misdemeanor.
(Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)
Terms Used In California Corporations Code 12676
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: as used in this part means a corporation which is organized under, or subject to this part, including a central organization. See California Corporations Code 12232
- Person: includes a corporation as well as a natural person. See California Corporations Code 18