California Corporations Code

§ 12466

CORP § 12466 Effective Jan 1, 1997Div. 3 · Title 1 · Part 2 · Ch. 5 · Art. 1

Statute text

(a)If the name signed on a ballot, consent or waiver corresponds to the name of a member, the corporation if acting in good faith is entitled to accept the ballot, consent, or waiver and give it effect as the act of the member.

(b)If the name signed on a ballot, consent, or waiver does not correspond to the record name of a member, the corporation if acting in good faith is nevertheless entitled to accept the vote, consent, or waiver and give it effect as the act of the member if any of the following occur:

(1)The member is an entity and the name signed purports to be that of an officer or agent of the entity.

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Legislative history

Added by Stats. 1996, Ch. 589, Sec. 51. Effective January 1, 1997.