Statute · California Corporations Code
Cal. Corp. Code § 22003 — JOINT STOCK ASSOCIATIONS
Cal. Corp. Code § 22003
- Type
- Statute
- Source
- California Corporations Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For the purposes of this part every director of a joint stock association is deemed to possess such knowledge of the affairs of his association as to enable him to determine whether any act, proceeding, or omission of its directors is a violation of this part.
Citator
Cal. Corp. Code § 22003 — JOINT STOCK ASSOCIATIONS is in force in the current edition of the Code, and nothing recorded condemns it.
For the purposes of this part every director of a joint stock association is deemed to possess such knowledge of the affairs of his association as to enable him to determine whether any act, proceeding, or omission of its directors is a violation of this part.