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California Corporations Code

§ 7526

CORP § 7526Div. 2 · Title 1 · Part 3 · Ch. 5 · Art. 2

Statute text

View on leginfo.ca.gov
Without authorization of the board, no corporation funds may be expended to support a nominee for director after there are more people nominated for director than can be elected.

Legislative history

Added by Stats. 1978, Ch. 567.

Source: California Corporations Code § 7526 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.