Statute · California Corporations Code

Cal. Corp. Code § 12361 — Selection, Removal and Resignation of Directors

Cal. Corp. Code § 12361

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The board may declare vacant the office of a director whose eligibility for election as a director has ceased, or who has been declared of unsound mind by a final order of court, or convicted of a felony, or, if at the time a director is elected, the bylaws provide that a director may be removed…

Citator

Cal. Corp. Code § 12361 — Selection, Removal and Resignation of Directors is in force in the current edition of the Code, and nothing recorded condemns it.

The board may declare vacant the office of a director whose eligibility for election as a director has ceased, or who has been declared of unsound mind by a final order of court, or convicted of a felony, or, if at the time a director is elected, the bylaws provide that a director may be removed for missing a specified number of board meetings, fails to attend the specified number of meetings.