Statute · California Corporations Code

Cal. Corp. Code § 14012 — New Corporations

Cal. Corp. Code § 14012

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2013-10-04
Current through
Nov 2, 2026 (California Legislative Counsel)

For six months following the establishment of a corporation, commencing upon filing of the articles of incorporation with the Secretary of State, a corporation shall be on probation. While on probation, a corporation may be suspended if suspension is recommended by the program manager and…

Citator

Cal. Corp. Code § 14012 — New Corporations is in force in the current edition of the Code, and nothing recorded condemns it.

For six months following the establishment of a corporation, commencing upon filing of the articles of incorporation with the Secretary of State, a corporation shall be on probation. While on probation, a corporation may be suspended if suspension is recommended by the program manager and affirmed by the executive director. This suspension is nonappealable and not subject to the procedures for suspension applicable to a corporation not on probation.