California Corporations Code 151 – “Approved by (or approval of) the board” means approved or ratified …
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“Approved by (or approval of) the board” means approved or ratified by the vote of the board or by the vote of a committee authorized to exercise the powers of the board, except as to matters not within the competence of the committee under Section 311.
(Added by Stats. 1975, Ch. 682.)