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California Corporations Code

§ 6616

CORP § 6616Div. 2 · Title 1 · Part 2 · Ch. 16

Statute text

View on leginfo.ca.gov
Except as otherwise provided by law, if the term of existence for which any corporation was organized expires without renewal or extension thereof, the board shall terminate its activities and wind up its affairs; and when the affairs of the corporation have been wound up a majority of the directors shall execute and file a certificate conforming to the requirements of Section 6615.

Legislative history

Added by Stats. 1978, Ch. 567.

Source: California Corporations Code § 6616 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.