Statute · California Corporations Code

Cal. Corp. Code § 306 — Directors and Management

Cal. Corp. Code § 306

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
2001-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

If (a) a corporation has not issued shares and all the directors resign, die, or become incompetent, or (b) a corporation’s initial directors have not been named in the articles, and all the incorporators resign, die, or become incompetent prior to the election of the initial directors, the…

Citator

Cal. Corp. Code § 306 — Directors and Management is in force in the current edition of the Code, and nothing recorded condemns it.

If (a) a corporation has not issued shares and all the directors resign, die, or become incompetent, or (b) a corporation’s initial directors have not been named in the articles, and all the incorporators resign, die, or become incompetent prior to the election of the initial directors, the superior court of any county may appoint directors of the corporation upon application by any party in interest.