California Corporations Code

§ 5132

CORP § 5132 Effective Jan 1, 2010Div. 2 · Title 1 · Part 2 · Ch. 1 · Art. 3

Statute text

(a)The articles of incorporation may set forth any or all of the following provisions, which shall not be effective unless expressly provided in the articles:

(1)A provision limiting the duration of the corporation’s existence to a specified date.

(2)In the case of a subordinate corporation instituted or created under the authority of a head organization, a provision setting forth either or both of the following:

…

Legislative history

Amended by Stats. 2009, Ch. 631, Sec. 6. (AB 1233) Effective January 1, 2010.