California Corporations Code

§ 12362

CORP § 12362 Effective Jan 1, 2010Div. 3 · Title 1 · Part 2 · Ch. 2 · Art. 2

(a)Subject to subdivisions (b), (c) and (g), any or all directors may be removed without cause if one of the following applies:

(1)In a corporation with fewer than 50 members, the removal is approved by a majority of all members (Section 12223).

(2)In a corporation with 50 or more members, the removal is approved by the members (Section 12224).

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Legislative history

Amended by Stats. 2009, Ch. 631, Sec. 47. (AB 1233) Effective January 1, 2010.