Statute · California Corporations Code

Cal. Corp. Code § 5520 — Additional Provisions Relating to Election of Directors

Cal. Corp. Code § 5520

Type
Statute
Source
California Corporations Code
Jurisdiction
California
Date
1997-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) As to directors elected by members, there shall be available to the members reasonable nomination and election procedures given the nature, size and operations of the corporation.

Citator

Cal. Corp. Code § 5520 — Additional Provisions Relating to Election of Directors is in force in the current edition of the Code, and nothing recorded condemns it.

(a) As to directors elected by members, there shall be available to the members reasonable nomination and election procedures given the nature, size and operations of the corporation.

(b) If a corporation complies with all of the provisions of Sections 5521, 5522, 5523, and 5524 applicable to a corporation with the same number of members, the nomination and election procedures of that corporation shall be deemed reasonable. However, those sections do not prescribe the exclusive means of making available to the members reasonable procedures for nomination and election of directors. A corporation may make available to the members other reasonable nomination and election procedures given the nature, size, and operations of the corporation.