California Corporations Code

§ 6612

CORP § 6612Div. 2 · Title 1 · Part 2 · Ch. 16

Statute text

(a)A voluntary election to wind up and dissolve may be revoked prior to distribution of any assets: (1) if the election was made pursuant to paragraph (1) of subdivision (a) of Section 6610, by the vote of a majority of all members (Section 5033); or (2) if the election was made pursuant to paragraph (2) of subdivision (a) of Section 6610, by the approval of the board and the members (Section 5034); or (3) if the election was by the board pursuant to subdivision (b) of Section 6610, by approval of the board. Thereupon a certificate evidencing the revocation shall be signed, verified and filed in the manner prescribed by Section 6611 and a copy thereof filed with the Attorney General.

(b)The certificate shall set forth:

(1)That the corporation has revoked its election to wind up and dissolve.

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Legislative history

Amended by Stats. 1979, Ch. 724.